Which of the following statements regarding the gross material requirements plan is TRUE?
A) It shows total demand for an item.
B) It shows when an item must be ordered from a supplier or when production must be started.
C) It combines a master production schedule with the time-phased schedule.
D) It requires several inputs, including an accurate bill of material.
E) All of the above are true.
E
Business
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What step typically comes first in the product development process?
a. test pilot b. identify opportunity c. test market d. design product
Business
A simple random sample of size 36 is selected from a population of size 750 . The sample mean is 318, and the sample standard deviation is found to be 30
a. Estimate the standard error of the mean. b. Develop an approximate 95% confidence interval for the population mean.
Business