Question: QUESTION 26 Physical Count and Cycle Count are very important activities to an enterprise and are well handled by ERP system. Which of the following

QUESTION 26 Physical Count and Cycle Count are
QUESTION 26 Physical Count and Cycle Count are very important activities to an enterprise and are well handled by ERP system. Which of the following statement about Cycle Count is incorrect Cycle count is an activity to clear excessive materials in all shop floor during production All materials to be delivered to customer must be invoiced before the cycle count is commenced Production activities must be temporarily stopped during cycle count Cycle count is to ensure inventory records of the items being counted are accurate Cycle count can be performed any time during the fiscal year QUESTION 27 Which of the following statement concerning the functions of MRP is incorrect? It is a production planning and inventory control system It is a tool to maintain lowest inventory level It is a tool to control delivery schedule to customer It is a tool for cost reduction It is a tool to manage production activities QUESTION 28 The minimum planning horizon for master schedule should be 52 weekly time buckets The combined lead time plus a safety lead time of one month The cumulative lead time At least six months plus material lead time None of the above QUESTION 29 Which of the following statement(s) regarding the issue of sales order is/are correct? Issue for receipt of parts from suppliers Issue for initiate production activities Issue for initiate transaction in Account Payable Issue for sampling inspection None of the above Click Save and Submit to save and submit. Click Save All Answers to save all answers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!