Lead Time = 2 Weeks Safety Stock = 10 Units Order Quantity = Lot for Lot (produce or order exactly what is needed. Period 3 1 2 4 5 Gross Requirements 40 0 10 15 75 Scheduled Receipts 40 On Hand Inventory 25 25 25 15 10 10 Planned Order Relaeses 0 10 75 The following transactions occur during period 1: 5 units of the scheduled receipt of 40 in period 1 are scrapped. 40 units of part N are disbursed in period 1. (The gross requirements of 40 are met.) Referring to the above information, assume that the 5 units of scrap were recorded properly and that 8 more parts, not previously shown by the records, were found. When the MRP record is updated for the beginning of period 2, the projected on-hand balance for period 3 would be: O a. Greater than 10 but less than or equal to 15 units. O b. Greater than 20 units. O c. Greater than 15 but less than or equal to 20 units. O d. Less than or equal to 10 units. Which of the following systems of inventory would a person be likely to use fortheir grocery shopping? Select one: a. Periodic system. b. Continuous system C. MRP system d. Any on of the above could be use. Analysis of therbligs is one approach to use in doing a time study. Select one: a. True. O b. False