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Author Question: How does an MRP inventory system reduces inventory levels? (Read 138 times)

justinmsk

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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
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Marked as best answer by justinmsk on Apr 8, 2019

wfdfwc23

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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.
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justinmsk

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Reply #2 on: Apr 8, 2019
Thank you!


wfdfwc23

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Reply #3 on: Apr 8, 2019
Always glad to help...


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