The development and application of MRP depended upon two developments: (1) the recognition of the difference between independent and dependent demand, and (2) :
A) computers
B) development of the EOQ model
C) inventory control systems
D) blanket purchase orders
E) the internet
Correct Answer:
Verified
Q28: Which of the following most closely describes
Q31: A regenerative MRP system is one that
Q41: A computer-based information system designed to handle
Q43: Under lot-for-lot, order sizes for component parts
Q43: The MRP input stating which end items
Q44: In an MRP master schedule, the planning
Q46: In MRP, under lot-for-lot ordering, planned-order receipts
Q47: Periodic updating of an MRP system to
Q51: A visual depiction of the subassemblies and
Q59: In MRP, scheduled receipts are
A)identical to planned-order
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