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1. Contrast independent and dependent demand.
2. When is MRP appropriate?
3. Briefly define or explain each of these terms.
a. Master schedule.
b. Bill of materials.
c. Inventory records.
d. Gross requirements.
e. Net requirements.
f. Time-phased plan.
4. How is safety stock included in a material requirements plan?
5. What factors can create safety stock requirements in an MRP system?
6. What is meant by the term safety time?
7. Contrast net-change systems and regenerative systems for MRP.
8. Briefly discuss the requirements for effective MRP.
9. What are some of the main advantages and limitations of MRP?
10. How can the use of MRP contribute to productivity?
11. Briefly describe MRP II and closed-loop MRP.
If a firm wishes to break-even at 20,000 units, its variable cost per unit is $3, and its fixed cost per period is $40,000, its selling price per unit will have to be;
Some games of strategy are cooperative. One example is deciding which side of road to drive on. It does not matter which side it is as long as everyone chooses similar side.
List three characteristics of an economists, a scientist and thee characteristics of an economist as a policy adviser.
Over the last thirty years the company of Petroleum Exporting Countries has had varied success in forming and maintaining its cartel agreements.
Critically evaluate the performance of the trade policies being applied in french in terms of their effect on the economic development
Identify the sales forecast for the firm and analyze how this sales forecast impacts all other forecasts for the firm, such as materials, labor, overhead, cash receipts, and disbursements.
1.Given the analysis of bilateral monopoly, if the passingof minimum wage legislation forces employers to payhigher wage rates to low paid employees will thisnecessarily cause a reduction in employment?
Is it possible for the government to target the money supply over the longer term without targeting the PSNCR?
Controlling the money supply is sometimes advocated as an appropriate policy for controlling inflation. What implications do different assumptions about the relationships between M and V, and M and Y, in the equation MV =PY have for the effectiveness..
MNCs have business units in different geographic areas. This leads to interaction in different languages and cultures.
According to the chief engineer at the Zodiac Corporation, Q=AL^a K^b, where L is the rate of labor input, Q is the output rate, and K is the rate of capital input.
From the first e-Activity, imagine this company acting as a monopoly was to have a new competitor arrive in the marketplace. Assess how the monopoly would likely change its pricing strategy to compensate for the new competition
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