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WITCHER [35]
3 years ago
10

Which of the following is absolutely necessary for successful implementation and operation of MRP? (I) accurate inventory record

s (II) master schedules (III) accurate holding and backordering costs (IV) accurate bills of materials (A) I, II, and IV only(B) I, III, and IV only (C) I, II, and III only
Business
1 answer:
frez [133]3 years ago
4 0

Answer:

(A) I, II, and IV only

Explanation:

The Material Requirements Planning MRP is used to calculate tha materials needed for production. It may be done by software but it can be done without any technological tool.

The most important information for MRP is about the available inventory for future production, in this way the company will know what materials are needed for future production. To provide the materials on time it is necessary to know the master schedules of production, making sure that the supplies will be ready on time for manufacturing process. Finally, the accurate Bills of materials are used as a check list to verify that there is not any pending component for the production process. Even when the MRP may include costs, it is not a vital component for the system and some companies can have MRP without including costs.

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Pell Corporation manufactures computers. Assume that Pell allocates manufacturing overhead based on machine hours estimated 10,0
Contact [7]

Answer:

exist 139,200

Explanation:

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Therefore the manufacturing overhead costs if Pell actually used 16,000 machine hours will be: 16000 x 8.7 = exist 139,200

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Answer: C. Firm A reduces the price to​ $7 causing Firm B to reduce its price to​ $4.50.

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Since Firm A reduces the price to​ $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.

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2 years ago
The emergency/parking brake is a hydraulic system that is automatically activated when the driver depresses the service brake pe
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Answer:1. Fixed Cost

...2. Variable cost

3. Farmland.

Explanation:

Fixed cost remains fixed no matter the change in output eg cost of building, whereas a variable cost change as the level of output increase e.g raw material cost.

The land is example of fixed cost to a famer which does not vary with the level of output.

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3 years ago
In some industries, the labor productivity of union workers exceeds the labor productivity of nonunion workers. Which of the fol
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Labor unions improve productivity by improving employee satisfaction, decreasing turnover and attracting trianed skilled labor

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