In MRP,under lot-for-lot ordering,the size of "planned-order receipts" are equal to:
A)"scheduled receipts."
B)"planned-order releases."
C)open orders already scheduled to be delivered.
D)"gross requirements."
E)the EOQ quantity

Question

Quizplus · Accepted Answer

In MRP (Material Requirements Planning), under lot-for-lot ordering, the size of "planned-order receipts" is equal to "planned-order releases." This method orders exactly what is needed for production based on the net requirements, ensuring that inventory levels are kept to a minimum.

In MRP,under Lot-For-Lot Ordering,the Size of "Planned-Order Receipts" Are Equal