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CIPS Exam L4M7 Topic 1 Question 18 Discussion

Actual exam question for CIPS's L4M7 exam

Question #: 18
Topic #: 1

[All L4M7 Questions]

MRP software is applied to schedule which of the following?

ATax accounting

BProduction processes

CHuman resource management

DExecutive meetings

Show Suggested Answer

Suggested Answer: C

For single items, an extra investment in inventory (higher levels of safety stock) will always in-crease customer service levels. Conversely, higher service levels imply larger quantities of safety stocks and an increased investment in inventory. (Procurement and Supply Chain Management - 9th Edition)

LO 2, AC 2.2

by Abel at Jul 06, 2023, 02:32 AM

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William

1 months ago

MRP is short for 'Magical Rabbit Potions', right? No? Oh, wait, that's not right at all.

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Harrison

9 days ago

Oh, I see. So it's used to schedule production processes.

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Andrew

20 days ago

No, MRP stands for Material Requirements Planning.

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Gail

1 months ago

B) Production processes

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Gail

2 months ago

Executive meetings? What is this, a corporate retreat planning software?

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Natalie

1 months ago

Oh, I see. Thanks for clarifying!

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Fairy

1 months ago

No, MRP software is used to schedule production processes.

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Sabina

1 months ago

B) Production processes

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Freeman

2 months ago

Human resource management? Really? I don't think MRP has anything to do with that.

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Andra

2 months ago

I thought MRP was for taxes and accounting. Guess I need to brush up on my operations management.

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Tammara

20 days ago

C) Human resource management

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Troy

26 days ago

B) Production processes

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Leontine

1 months ago

A) Tax accounting

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Gerald

2 months ago

I'm not sure, but I think MRP software is not used for tax accounting or executive meetings.

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Maynard

2 months ago

I agree with Mireya, MRP software helps in scheduling production.

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Buffy

2 months ago

Production processes, of course! MRP is all about optimizing manufacturing workflows.

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Willard

1 months ago

That's right! It helps in managing inventory and production schedules.

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Donte

1 months ago

Yes, MRP software is used to schedule production processes efficiently.

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Mireya

2 months ago

I think MRP software is used for production processes.

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Jennifer

2 months ago

I'm not sure, but I think MRP software is not used for tax accounting or executive meetings.

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Brianne

2 months ago

I agree with Patti, MRP software helps in scheduling production.

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Patti

2 months ago

I think MRP software is used for production processes.

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