A system that enables plans to be adjusted according to capacity and other requirements by synchronizing material purchase and component production plans with the master schedule and by providing feedback on manufactured items and materials on hand is a ______.
a. closed loop MRP system
b. open loop MRP system
c. closed loop CRP system
d. open loop CRP system
a. closed loop MRP system
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Supply chain execution software:
a. accumulates data about orders from retail customers, sales from retail outlets, and data about manufacturing. b. receives and routes customer orders and executes the invoice for the sale. c. Both a. and b. d. Neither a. nor b.
Answer the following statement(s) true (T) or false (F)
1. Despite the thousands of research articles and books written on this subject, no generally accepted definition of leadership exists. 2. Two dimensions of leader behavior have been identified as initiating structure (production oriented or task) and consideration (employee or relationship oriented) behaviors. 3. Process theories of leadership have been concerned with the way in which the sorts of scripts, schemas, and other cognitive characteristics influence how subordinates perceive and react to a leader 4. In Arab society, a prophetic leader garners feelings of love, unity of purpose, and voluntary submission to authority by followers. 5. The integrated cross-cultural model of leadership has as its basis a cognitive information processing approach to leadership.
Discuss the dimensions of a product mix.
What will be an ideal response?
Companies are free to choose FIFO, LIFO, or weighted-average cost to report inventory and cost of goods sold.
Answer the following statement true (T) or false (F)