Question

In MRP processing the difference between a planned-order release and the planned-order receipt is: a. the...

In MRP processing the difference between a planned-order release and the planned-order receipt is:

a. the level of net requirements.

b.  level of safety stock.

c.  timing as per the lead time.

d.  a one is a forecast and the other is actual.

e.  scheduled receipts of open orders.

The emergence of ERP systems was primarily because they are less complex to use than MRP systems. True or False.

ERP involves software that is used to manage and coordinate all the resources, information, and functions of an organization from a shared database. True or False

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Answer #1

ANSWERS

ANS 1) The Correct Option is E - Scheduled receipts of open orders.

ANS 2) The Correct Option is - False

ANS 3) The Correct Option is - True

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