Question: Question 16 - Every MRP record includes the following planning factors that are chosen by managers utilizing the MRP system except: Lot size is the

Question 16 - Every MRP record includes the following planning factors that are chosen by managers utilizing the MRP system except:

Lot size is the quantity of a part to be produced or ordered when additional inventory is required.

Lead time is the time between when an order is placed and when it is expected to arrive or be finished.

Safety stock is excess inventory that a company holds to guard against uncertainty in demand, lead time, and supply.

Order size is not specified since the user must verify with the supplier

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