Question: please answer all The availability of scarce resources affects allocation of those resources True False QUESTION 41 The planned amount of inventory that protects against



The availability of scarce resources affects allocation of those resources True False QUESTION 41 The planned amount of inventory that protects against fluctuations in supply and demand is called Queve time Batch Manufacturing Safety Stock Pipeline inventory QUESTION 42 Inventory is an input to MRP True False Debendent demand for an item occurs because the quantity required for it varies with the production plans of one or more parents. True False QUESTION 44 Material requirements planning (MRP) is a computerized information system developed specifically to aid in managing dependent dermand inventory and scheduling replenishment orders. True Fatse QUESTION 45 Items sold to a firm's customers are called: quarantined materials. work-in-process raw materials. finished goods. Cycle counting is an inventory-control method whereby storeroom personnel physically count a small percent of the totai number of items each day. True False QUESTION 47 Items, such as components or assemblies, needed to manufacture a final product are called: quarantined materials. work-in-process. raw materials. finished goods. QUESTION 48 A parent is any item manufactured from one or more components. True False Inventory management is the planning and controlling of inventories in order to meet the competitive priorities of the organization. True False QUESTION 50 Demand during lead time plus safety stock is Re-order point Agility Visibility System inventory QUESTION 51 MRP is the the tool to use to allocate shortages to customers True Filise
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