Which of the following represents a major difference between a scheduled receipt and a firm planned order?
A) The computer can move the scheduled receipt, not the firm planned order
B) Only the scheduled receipt can occur within the planning horizon
C) Only the scheduled receipt represents a financial commitment
D) The scheduled receipt is generated from the master schedule, the firm planned order generated from MRP

Question

Quizplus · Accepted Answer

Scheduled receipts represent a financial commitment because they are orders that have already been placed with suppliers, indicating a commitment to purchase. Firm planned orders, on the other hand, are future orders that the system plans to place based on current inventory levels and demand forecasts, and they do not represent a financial commitment until they are actually placed.

Which of the Following Represents a Major Difference Between a Scheduled