Describe the scope, inputs, and outputs of sales and operations planning, master scheduling, and MRP
What will be an ideal response?
Answer: Sales and operations planning establishes overall production, workforce, and inventory levels and is considered to be tactical capacity planning.
The outputs of sales and operations planning (overall production, workforce, and inventory levels) are the inputs to master scheduling. Master scheduling determines when specific products will be made, when specific customer orders will be filled, and what products/capacities are still available to meet new demand.
The outputs of master scheduling are the inputs to material requirements planning (MRP). MRP calculates the timing and quantities of material orders needed to support the master schedule. It translates the master schedule for final products into detailed material requirements. The output of material requirements planning is the input order quantity and timing from the manufacturer's own production floor and from vendors.
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A. anchoring and adjustment B. confirmation C. availability D. representativeness E. escalation of commitment
Taking action to conceal a fact indicates scienter.
Answer the following statement true (T) or false (F)
Under the Securities Exchange Act of 1934, a 10-K annual report:
A. must include audited financial statements for the fiscal year and current information about the conduct of business. B. requires only summarized and unaudited figures on capitalization and shareholders' equity. C. is required within 15 days of the end of any month in which any specified event occurs. D. must include only a summarized and unaudited operating statement.
With respect to the effect of individual characteristics on ethical behavior, name some variables within an individual’s control.
What will be an ideal response?