Material requirements planning (MRP) programs use _____ to put long-lead material on order.

A. short-range forecasts
B. long-range demands
C. just-in-time accounting
D. long-range forecasts


Answer: D

Business

You might also like to view...

In the event of a flood, I have no insurance coverage

What will be an ideal response?

Business

Which of the following would most likely appear on a company's balance sheet?

A) KPI metrics B) ROMI factors C) CRM metrics D) accounts payable amounts E) data analytics

Business

The following information is available for Richardson Company for its first year of operations: Sales in units 5,000 Production in units 8,000 Manufacturing costs: Direct labor $3 per unit Direct material $5 per unit Variable overhead $1 per unit Fixed overhead $100,000 Net income (absorption method) $30,000 Sales price per unit $40 Refer to Richardson Company. If Richardson Company were using

variable costing, what would it show as the value of ending inventory? a. $120,000 b. $64,500 c. $27,000 d. $24,000

Business

Newman Auto Repair is considering the purchase of a hydraulic machine costing approximately $35,000. Using a discount rate of 18%, the present value of future cash inflows are calculated to be $42,000. To yield at least an 18% return, the actual cost of the machine should not exceed the $35,000 estimate by more than:

A) $28,000. B) $49,000. C) $7,000. D) $6,300.

Business