Which Statement on MRP Explosion Is BEST

question 72

Multiple Choice

Which statement on MRP explosion is BEST?

• A)It calculates the total number of subassemblies,components,and raw materials needed for each parent item.
• B)It calculates the total number of raw materials to be purchased from all suppliers.
• C)It calculates the total number of parts to be produced for each parent item.
• D)It calculates the total number of parts needed to be produced less the number of parts on hand for each parent item.

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Definitions:

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction.

Income Tax

Income tax is a tax levied by governments on individuals or entities based on their income or profits, with rates varying according to income levels.

Consumption

Households utilizing products and services for their needs.

Horizontal Equity

The principle that individuals with similar income and ability should be treated equally by the taxation system, ensuring fairness.