The MRP program performs its analysis from the bottom up of the product structure trees, imploding requirements level by level.
Answer the following statement true (T) or false (F)
False
The MRP program performs its analysis from the top of the product structure downward, calculating requirements level by level.
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Typically, the operations process goals of the B/AR/CR:
a. vary, depending on the organization and its particular view of these processes b. remain the same for all organizations c. vary inversely with the information process goals d. are the same as the information process goals
Assume the following sales data for a company: Current year $325,000 Preceding year 250,000 What is the percentage increase in sales from the preceding year to the current year?
a. 70% b. 76.9% c. 30% d. 50%
Which of the following is a forward-looking indicator of business success?
A) customer satisfaction B) shareholder dividends C) sales D) market share E) ROI
Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $32,450
and factory overhead was $18,710. The number of equivalent units of production for the period for materials if the average cost method is used to cost inventories was: A) 15,650 B) 18,000 C) 17,250 D) 17,700