The amount of raw materials that must be purchased can be computed by the following formula: Beginning inventory + Materials required - Ending inventory

When the U.S. dollar declines against European currencies, it is

A. potentially harmful for European banks only. B. potentially harmful for U.S. banks only. C. potentially harmful for those banks that have financed U.S. dollar assets with liabilities denominated in European currencies. D. potentially harmful for those banks that have financed European currency assets with U.S. dollar liabilities. E. irrelevant for global banks.

In distribution requirements planning the MRP records do not use the term gross requirements; instead the amount is shown as:

A) net requirements. B) total requirements. C) distributed requirements. D) forecasted demand.