Which of the following is FALSE about MRP II?
a. It is an extension of MRP.
b. It was first introduced in the late 1960s.
c. It was introduced as an open loop MRP system.
d. It quickly replaced CRP.
d. It quickly replaced CRP.
You might also like to view...
Which of the following is the best example of an individual product?
A. 32-ounce boxes of Gain and Tide B. six brands of cookies C. three types of pears D. two brands of mountain bikes E. 12-oz. size of Pert Plus
In a machine-intensive production environment, the most accurate cost driver of manufacturing overhead costs is usually ________.
A) direct labor costs B) direct labor hours C) direct materials used D) machine hours
The classification of a liability as current or long-term is not important to the evaluation of a company's liquidity
Indicate whether the statement is true or false
Which of the following statements about dividends is correct?
A. Companies sometimes issue stock dividends to lower the market price per share of stock. B. A corporation has a legal obligation to pay dividends each year. C. Stock dividends immediately increase the total value of the stockholders' investment. D. Cash dividends and stock dividends both decrease total stockholders' equity.