Which of the following is true about MRP Systems?
A) Forecast is based on past demand
B) Lot sizing is EOQ
C) Demand pattern is random
D) Objective is to meet manufacturing needs
Correct Answer:
Verified
Q10: Bills of materials are kept current with
Q12: The parts explosion results in the following
Q13: Successful MRP implementation requires:
A)Management support,parts explosion,and adequate
Q14: Cycle counting:
A)Is counting a fraction of inventory
Q15: Which system specifies the output of the
Q16: The bill of materials:
A)Shows how much inventory
Q17: Which type of MRP system is used
Q18: Successful MRP system elements include:
A)Implementation planning
B)Accurate data
C)User
Q19: An MRP system is designed to deal
Q20: The three inputs for an MRP parts
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