This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How does an MRP inventory system reduces inventory levels? (Read 140 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Apr 8, 2019

Question 1

Identify a key feature associated with materials requirements planning.
◦ determining economic order quantity for all materials
◦ minimizing or eliminating carrying and stockout costs
◦ determining the optimal reorder points for all materials
◦ reducing required inventory levels by scheduling production, rather than estimating needs

Question 2

How does an MRP inventory system reduces inventory levels?
◦ by reducing the uncertainty regarding when materials are needed
◦ by receiving materials exactly when needed and in exact quantities
◦ by computing the exact costs of purchasing and carrying inventory
◦ None of these
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by justinmsk on Apr 8, 2019

wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


justinmsk

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Apr 8, 2019
Thank you!


wfdfwc23

  • Sr. Member
  • ****
  • Posts: 338
Reply #3 on: Apr 8, 2019
Always glad to help...


« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

inflammatory system inflammatory system
Example of a Regulatory System Example of a Regulatory System
Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
The Transduction of Sound Vibrations in the Auditory System The Transduction of Sound Vibrations in the Auditory System
An overview of the levels of organization in nature An overview of the levels of organization in nature
The Digestive System The Digestive System
Video: Aneurysm

For a complete list of videos, visit our video library