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Question 1 In a net change MRP system requirements and schedules are considered rigid and never updated.
Question 2 the customer grace period is a time-span having some specified level of opportunity for the customer to make changes.
Question 3 An output of MRP is a bill of materials (BOM) file.
Question 4 When implemented correctly, MRP links all areas of the business.
Question 5 The economic order quantity (EOQ) lot sizing technique uses the "square root formula" to balance set-up cost and carrying cost.
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Calculate the future value of 2,000 in 1. 5 years at an interest rate of 6% per year 2. 10 years at an interest rate of 6% per year 3. 5 years at an interest rate of 7% pe
A power plant in California uses coal at the rate of 100,000 pounds each day. It also uses MRO material at the rate of 1,000 pounds each day. The coal comes from Wyomung and the MR
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