Question

The MRP input storing information on the status of each item by time period (e.g., scheduled receipts, lead time, lot size) is the:___________.A) master production schedule.B) bill of materials.C) inventory records.D) assembly time chart.E) net requirements chart.

Answer 1

Answer:

C. inventory-records

Explanation:

Inventory Record System, can be regarded as system that helps to keep a track of physical quantities as well as the monetary valuation inventories that are still available and those that have been sold. With inventory records company can know the record of goods as it gets to warehouse or when it goes down or when sold. It should be noted that inventory record is the MRP input storing information on the status of each item by time period (e.g., scheduled receipts, lead time, lot size).