A planning systems that schedules the precise quantity of materials needed to make a product is called

Related MCQs

• Which of the following best describes how short term schedules are prepared? short term schedules are prepared
• Which of the following is not a part of the planning files of a production planning and control systems
• Which of the following lets an organization get the right goods and services to the place they are needed at the right time, in the proper quantity and at an acceptable cost?
• For which of the following options is make-to-stock strategy feasible? 1. To produce customized products from sub-assemblies 2. To make standardized products with high volumes 3. To accommodate flexibility and offer variety 4. Where forecast is reasonably accurate
• A situations in which manager can make an accurate decision is called
• Ascertain type of computer costs 1000 and the annual holding cost is 25% . annual demand is 10000 units , and the order cost is 150 per order .what is the approximate economic order quantity?
• Resources such as labour materials and energy are known as ……………. In the transformation process
• The raw materials , components , completed or partially completed products ,and pieces of equipment a firm uses are often referred to as
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• __________ involves identifying the manpower requirements, machine capacity, and materials required to meet the planned production targets.