The buyer-planner concept developed because:
A) The supplier scheduler concept did not work well with MRP
B) In many MRP systems, the buyer is the logical person to issue release orders under long term contracts
C) Reliability in terms of quality and delivery must be monitored daily
D) It facilitates closer relationships with suppliers
E) It helps improve supplier flexibility and reliability
Correct Answer:
Verified
Q55: Despite the increased use of JIT systems,there
Q56: Materials Requirements Planning (MRP)is used to determine
Q57: The output of MRP and CRP systems
Q58: Opportunity cost is a measure of:
A) Inventory
Q59: MRP inventory is usually a function of:
A)
Q61: In MRP systems,the logic of the system
Q62: The cyclical or fixed order interval inventory
Q63: The key input in the EOQ formula
Q64: Order point or fixed order quantity systems
Q65: Supplier managed inventories works best for:
A) Production
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