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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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Proco had an account payable of $6,400 due to Shirmoo Inc., one of its suppliers. The amount was due to be paid on January 31. P
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Answer:

          assets                          =            liabilities                       +       equity

a)        NA                                         - $6,400 AP

                                                       <u>+ $6,400 NP</u>

                                                        net effect $0

b)        NA                                         + $128 interest              - $128 retained

                                                                    payable                        earnings

c)     -$6,528 cash                         -$6,400 NP                                 NA

                                                      -$128 interest p.                  

         revenue                  -                expenses                  =             income

a)       NA                                            NA                                           NA

b)       $0                                           $128                                        -$128

c)       NA                                            NA                                           NA

8 0
3 years ago
To measure the amount of human capital available in a country, it would be best to determine _____.
klio [65]
<span>It would be best to determine the literacy rate of that country to be able to measure the amount of human capital available in a country. Literacy rate means the educational level of the human living in that country.</span>
8 0
3 years ago
A big mining company wants to open a mine . The social costs are greater than the social benefits. Should the company carry on w
Oduvanchick [21]

Answer: They should not

Explanation:

The Social cost of a project refers to the total cost that society incurs as a result of the project. This includes the actual costs to the investors as well as the cost to society such as pollution. Likewise the social benefit is the entire benefit that accrues from the project.

When using the Social Cost Benefit Analysis, one should not pick a project that has a higher social cost than social benefit because it would lead to a social loss. In order words, the project would cost society more than society would benefit from it so there is no need to embark on such a project.

7 0
3 years ago
The idea that as the quantity of an input increases, the additional output decreases (holding all else constant is called the La
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4 0
4 years ago
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cluponka [151]

Answer:

A. Coupon.

Explanation:

A coupon is a ticket that has financial value when redeemed. A coupon is sometimes  put as a free gift inside a product.

It is usually used as an advert strategy to get people to buy more products because if consumers know that they are likely to find a coupon inside each product of a particular brand they purchase, it will theoretically lead to more people buying the product in order to get the coupon.

This was the strategy used by Cracker Jack who sold brand snacks of caramel coated popcorn as it had a free prize inside every box which in turn made the product to become immensely popular.

7 0
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