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
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: