MRP helps managers ________

A) identify the critical path for producing materials within a specified time
B) assign the order and timing in which jobs are completed on specific projects
C) make sure the right parts and materials are available at the right time
D) assign jobs to specific machines so that they can be completed most efficiently
E) build quality into each step of the production process


C
Explanation: C) An MRP is a computer-based system used for inventory control and production planning. It can help managers make sure the right parts and materials are available at the right time.

Business

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Indicate whether the statement is true or false

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What will be an ideal response?

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Oaties is the market leader in the breakfast cereals category in the southwest region. The

company uses the market structure -market share method of competition identification. Which of the following companies will Oaties NOT consider to be a direct competitor according to this method? A) Chuck's is a lesser-known company that has a small share of the breakfast cereal market. B) Chocotreat is a rival company that specializes in making a patented chocolate -corn cereal. C) Wholesome is a market niche firm that specializes in cereals manufactured from organic sources. D) Morningtown is the market leader in the pancakes segment, the main alternative to cereals as a breakfast food.

Business