ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The system calculates the net requirements while considering available warehouse stock and scheduled receipts from purchasing and production
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MPS
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MRP
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The inputs to the MRP system are : Master production schedule. Inventory status file. Bill of materials (BOM)
Detailed explanation-2: -Production planning is the process in manufacturing that ensures you have sufficient raw materials, labor, and resources in order to produce finished products to schedule. It is a crucial step in production management and scheduling. Complete production planning involves the accurate tracking of: Raw materials.
There is 1 question to complete.