The Consumer Product Safety Commission was established to protect consumers from poor manufacturing and to make sure that products met quality and safety standards.
Answer:
The correct answer is letter "B": Master production schedule.
Explanation:
A Master Production Schedule (MPS) is a detailed plan that outlines what products and in which quantities products should be manufactured over a certain period. This schedule contrasts the Aggregate Production Plan (APP) which has a broader scope in business production not only for a product but for a product family usually in large plants.
<em>MPS planning horizon is shorter than the APP but easier to understand assuming the demand for the product is constant. The MPS lead time to produce a good tends to be longer than the APP.</em>
Answer:
The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.
Explanation:
In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.
