Exam 11: Resource Planning

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A computer-generated memo used by inventory planners to make decisions about releasing new orders and adjusting due dates of scheduled receipts is an:

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Lot-for-lot (L4L) is a rule that maintains the same order quantity each time an order is issued.

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An intermediate item must have at least one parent and at least one component.

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Which of the following statements about ERP systems is best?

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