Answer: The main purpose of a MRP system is to:
A. Track inventory levels.
Explanation: MRP which means Material Requirements Planning, it is used to manage materials and inventory level.
Answer:
Option (D) is correct.
Explanation:
In a game theory, dominant strategy is defined as the best strategy among all the other strategies available. It is the course of action which pays the highest payoff to a player, it doesn't matter what other player chooses. All the players may not having the dominant strategies in all the games they have played but when they have dominant strategy, they blindly follow those strategies.
In economics, the cost of something is <u>c. what you give up to get it.</u>
<u>Explanation:</u>
Cost is the amount that is to be paid for the goods or services consumed by the individual. Economists define the cost as what you give up to get it.
Paying some amount to get something you want. The cost can be referred as the monetary value of efforts, utilities consumed, resources, materials, time and opportunity forgone in the production of a good or service.
Cost can be classified as fixed cost, variable cost, semi-variable cost and total cost.
<span>The name of the woman behind of the Asylum Reform during the second great awakening is Dorothea Dix.</span>
