Read the following question PART $1$: Multiple Choice Questions

The demand for components in MRP is often

A$)$ Independent

B$)$ Based on market trends

C$)$ Dependent on the demand for other items

D$)$ Unpredictable

What is a key requirement for inventory control models to work properly?

A$)$ Large storage spaces

B$)$ Advanced software

C$)$ Accurate information

D$)$ Frequent audits

Which type of organization most successfully uses JIT?

A$)$ Small$-$scale manufacturers

B$)$ Service industries

C$)$ Retail businesses

D$)$ Large$-$scale manufacturers

What is emphasized in JIT regarding supplier relationships?

A$)$ Partnership

B$)$ Competition

C$)$ Dependency

D$)$ Autonomy

$\text{'}$A$\text{'}$ class items in ABC analysis are characterized by:

A$)$ High value but low usage frequency

B$)$ Low value and high usage frequency

C$)$ High value and high usage frequency

D$)$ Low value but low usage frequency

In JT$,$ what role does total preventive maintenance play?

A$)$ It is not considered important

B$)$ It focuses on machine replacement

C$)$ It is only applied in case of equipment failure

D$)$ It is crucial for reducing breakdowns and delays

What is the primary purpose of Material Requirements Planning $($MRP$)?$

A$)$ To manage employee schedules

B$)$ To plan and control inventory

C$)$ To enhance marketing strategies

D$)$ To forecast sales

JTT is primarily concerned with:

A$)$ Increasing inventory

B$)$ Reducing inventory

C$)$ Maintaining constant inventory

D$)$ Ignoring inventory levels