Ask Question
BusinessBusiness
31 May, 12:43

Effective use of MRP and other dependent demand models does NOT require which of the following? lead times inventory availability master production schedule cost of individual components bill of materials

+5
Answers (1)
  1. 31 May, 12:45
    0
    The correct answer is letter "D": cost of individual components.

    Explanation:

    Material Requirement Planning (MRP) is a solution for a common production problem: controlling and coordinating the flow of the necessary materials so they will be available whenever necessary without having a surplus in inventory.

    For this technique to be implemented it is necessary each product structure calculating the components, materials, and quantities needed for all of them. All that information is comprised in a document called Bill of Materials (BOM).

    The BOM does not include the individual costs of components.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Effective use of MRP and other dependent demand models does NOT require which of the following? lead times inventory availability master ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What does it mean to increase by a factor?
Answers (1)
5. What is the advantage of paying your credit card balance in full each month? * A You will incur only a small "paid in full fee on your next credit card statement. B You pay only a small amount of interest.
Answers (1)
The procurement process is also referred to as the requisition-to-pay process. a. True b. False
Answers (2)
What is record management policy
Answers (1)
During December, Far West Services makes a $2,400 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.5%. (Note: the sales tax amount is in addition to the credit sale amount.) Record sales and sales tax payable.
Answers (1)
New Questions in Business
Glenda, a sales representative for revo appliances inc., had to deliver a presentation on her company's latest offering: an innovative food processor. her target clients were senior managers and chefs from a reputed restaurant.
Answers (1)
To discover the extent to which economic status can be used to predict political preferences?
Answers (1)
In the current year, Mitchell Manufacturing expected Job No. 13 to cost $600,000 of overhead, $650,000 of materials, and $400,000 of labor. Mitchell applied overhead based on direct labor cost.
Answers (1)
Cullumber Company has issued three different bonds during 2019. Interest is payable annually on each of these bonds. 1. On January 1, 2019, 1,000, 6%, 5-year, $1,000 bonds dated January 1, 2019, were issued at face value. 2.
Answers (1)
All of the following are true regarding deferred revenues except: They are payments received in advance of services performed. The adjusting entry for deferred revenues increases assets and increases revenues.
Answers (1)
Home » Business » Effective use of MRP and other dependent demand models does NOT require which of the following? lead times inventory availability master production schedule cost of individual components bill of materials
Sign Up Forgot Password?