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____________ and ______________ uncouples the sales forecast from manufacturing by establishing a manufacturing plan

  1. Production plan, MPS
  2. MRP and production plan
  3. MPS and chase strategy
  4. MRP and MRP II

Answer(s): A



Which of the following strategic option/s is/ are used as success criteria for a corporate strategy?

  1. Suitability (would it work?)
  2. Feasibility (can it be made to work?)
  3. Acceptability (will they work it?)
  4. All of these

Answer(s): D



Which of the following is generally a function of the physical distribution system?

  1. Production activity control
  2. Production planning
  3. packaging
  4. bill of material

Answer(s): C



A forecast is typically more accurate for:

  1. groups of items rather than for individual items
  2. daily rather than monthly periods of time
  3. physical units rather than monetary units
  4. far out in the future rather than nearer time periods

Answer(s): A






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