Question: 1. MRP I and Closed loop MRP added what capability to MRP: a. Fixed Order Quantities b. Capacity Planning c. Safety Stock Planning d. Enterprise

1. MRP I and Closed loop MRP added what1. MRP I and Closed loop MRP added what1. MRP I and Closed loop MRP added what1. MRP I and Closed loop MRP added what

1. MRP I and Closed loop MRP added what capability to MRP: a. Fixed Order Quantities b. Capacity Planning c. Safety Stock Planning d. Enterprise Resource Planning 2. If the mean is increasing, this will be detected by the: a. P Chart b. R chart c. C chart d. X bar chart e. none of these 3. Which inventory model is not used to calculate an order quantity? a. single period b. Fixed Order Interval C. ROP d. Quantity Discount e. EOQ 4. The costs of holding $1 M in inventory would usually be about per year. a. $200K-$400K b. $500K-$800K c. $50K-$100K d. $100K-$200K

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