Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000, inventory on hand is 1,200, and planned receipts are 800?

A. 2,000
B. 4,200
C. 3,000
D. 1,200
E. 7,000


Answer: C

Business

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The figure 47.0% shown for gross profit in 2019 signifies that the gross profit is ________.

The vertical analysis of the income statement of Bates, Inc. is as shown below:

A) equal to 47.0% of net income
B) increased by 47.0% over the previous year
C) 47.0% of net sales revenue
D) 47.0% of cost of goods sold

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Transactions affecting owner's equity include

A) owner's investments and payment of liabilities B) owner's investments and owner's withdrawals, revenues, and expenses C) owner's investments, revenues, expenses, and collection of accounts receivable D) owner's withdrawals, revenues, expenses, and purchase of supplies on account

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Imagine you are CEO of a local hospital. Which policies and procedures would you develop and deploy in order to facilitate superior strategy execution?

What will be an ideal response?

Business

Securities issued by banks are exempt from SEC registration

a. True b. False Indicate whether the statement is true or false

Business