Question 91

Which of the following are the major objectives of Material Requirement Planning?
  • Question 92

    The major effect that just-in-time has on forecasting it's shortened,
  • Question 93

    Total the forecast demand for the planning horizon.
    Determine the opening inventory and the desired ending inventory
    Calculate the total production required as follows:
    Total Production = total forecast + back orders
    + ending inventory - opening inventory
    Calculate the production required each period by dividing the total production by the number of periods.
    Calculate the ending inventory for each period.
    Above is the general procedure
  • Question 94

    Shifts in the age of the population needs of ethnic groups, low population growth, freer trade between countries and increased global competition all contributes to:
  • Question 95

    As 1980 gave way to the 1990 the world continued to change, forcing additional changes in supply-chain concepts. All of the following statements depict those changes EXCEPT: