SCM EXAM3 Chp 12 - Chp 12 Which of the following...

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Chp 12 Which of the following determines "the timing and quantity of material orders to meet the Master Schedule"? material requirements planning In the context of the master scheduling, the company's best estimate of the demand in any period is forecasted demand. MRP can be performed based on three concepts; which one of the following is NOT necessary? job sequencing rules Distribution requirements planning is a supply chain approach to material requirements planning. True Distribution requirements planning helps to synchronize supply chain partners at the master schedule level. A detailed planning process that tracks production output and matches this output to actual customer orders is master scheduling. The critical ratio is the ratio of the due date to the time it takes to perform a job. False A "planning process that translates the master schedule into planned orders for the actual parts and components needed to produce the master schedule items" is the definition of material requirements planning.

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