Order quantity is 1000 units and safety stock is 300 units. What is the average inventory?

• A.900 units
• B.800 units
• C.890 units
• D.980 units

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In MPS, plans are reviewed and changed:

• A.Weekly
• B.Monthly
• C.Weekly or Monthly
• D.Quarterly

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A system that forecasts when the various demands will be made by the system on central supply is known as:

• A.Predictive central system
• B.Conjecture supply planning
• C.Distribution requirements planning
• D.Anticipated centralized system

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In considering open shop orders, capacity requirement planning account for:

• A.Work already done on a shop order
• B.Order requirements
• C.Order lot size
• D.Lead time

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Generally, firms make-to-order when:

• A.The customer is willing to wait while the order is being made
• B.All of these
• C.Goods are produced to customer specifications
• D.The product is expensive to make and to store and several product options are offered

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