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Certified in Production and Inventory Management Questions 296–300 (page: 61)

Updated On: 9-Feb-2026

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QUESTION: 296

Which of the following is the right calculation for obtaining the net requirements?

Gross Requirement - Available inventory
Gross Requirement x Available inventory
Gross Requirement / Available inventory
None of the above is true

Answer(s): A

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QUESTION: 297

The objective of the MRP is to have:

Material available when it is needed and not before
Orders for material should not be released until the planned order release date arrived
Order should not normally released until the planned order is in the current week
All of the above

Answer(s): D

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QUESTION: 298

Scheduled receipts shows:

The quantities ordered
When quantities ordered are expected to be completed
When quantities ordered are expected to be available
All of the Above

Answer(s): D

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QUESTION: 299

The immediate or most current period is called

Action bucket
Planning horizon
Time buckets
Both A, B

Answer(s): A

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QUESTION: 300

Planning horizon means

The number of periods in the record
The most current period in the record
The quantity of the records
None of the above

Answer(s): A

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