Gross material requirements do not take into account the amount of inventory on hand.

Name: Gross material requirements do not take into account the amount of inventory on hand.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Gross material requirements only consider the total amount of materials needed for production, without taking into account any inventory already available. This means that the actual amount of materials needed may be lower if there is inventory on hand.

Gross Material Requirements Do Not Take into Account the Amount