A material requirements planning system is an example of which of the following scheduling systems?

A. Infinite loading, backward scheduling
B. Infinite loading, forward scheduling
C. Finite loading, forward scheduling
D. Finite loading, backward scheduling
E. None of these


Answer: A

Business

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The vendor packing slip triggers which process?

a. receive goods and services b. order goods and services c. determine requirements d. none of the above

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______ skills consist of the ability to work well in cooperation with other people to get things done.   

A. Support B. Conceptual C. Personal D. Intuitive E. Human

Business

Standard cost systems can enhance operational control through the use of

A) efficiency variances which indicate the need for corrective action. B) price variances which indicate the need for better spending control. C) standard costs which indicate the desired cost of a unit of input. D) actual costs which indicate the price received for units sold. E) All of these.

Business

Bedrock Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available:The ending inventory balance of $412,000 included $72,000 of consigned inventory for which Bedrock was the consignor.  The ending inventory balance of $412,000 included $22,000 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year.  Based on this information, the correct balance for ending inventory on December 31 is:

A. $412,000 B. $390,000 C. $318,000 D. $340,000 E. $362,000

Business