A furniture retailer has yearly sales of $1,800,000 . Beginning-of-year inventory (at cost) equals $400,000; ending inventory (at cost) is $270,000 . The yearly purchases are $700,000 and transportation charges are $5,700

The Delphi method solicits input from customers or potential customers regarding their future purchasing plans

Indicate whether the statement is true or false

Which of the following represents a major difference between a scheduled receipt and a firm

planned order? A) Only the scheduled receipt can occur within the planning horizon. B) The computer can move the scheduled receipt, not the firm planned order. C) Only the scheduled receipt represents a financial commitment. D) The scheduled receipt is generated from the master schedule, the firm planned order generated from MRP.