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A. A perpetual inventory system.
B. A fixed quantity system.
C. A continuous inventory system.
D. A fixed period system.
A. Finished goods
C. Raw material
A. Master Production Schedule
B. Master Planning System
C. Material Planning System
D. Material Production Schedule
A. Severely limited by current MRP computer systems
B. Not related to MRP
C. An advanced MRP II system that ties-in customers and suppliers
D. Not currently practical
A. Manufacturing Resource Planning
B. Master Resources Production
C. Management Reaction Planning
D. Materials Requirements Planning
Answers: 1 (A), 2 (B), 3 (A), 4 (A), 5 (D)
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