In MRP, a "bucket" refers to a fixed order quantity, such as an EOQ.

Bucket

A bucket is a cylindrical or slightly tapered container, typically made of plastic or metal, used for carrying, storing, or mixing liquids or solids.

Fixed Order Quantity

A specific, constant quantity of items ordered each time an order is placed, typically used in inventory management to replenish stock.

EOQ

Economic Order Quantity is a formula used in inventory management to determine the optimal order size that minimizes the total holding costs and ordering costs.

Perceive the importance and application of multiple components of an MRP system like bills of material, time-phased product structures, and master production schedules.

Verified Answer

Azira AzmanMay 01, 2024

Final Answer :

False

Explanation :

In MRP, a "bucket" refers to a specific time period for scheduling purposes, such as a week or a day. It is not a fixed order quantity.

Learning Objectives

Perceive the importance and application of multiple components of an MRP system like bills of material, time-phased product structures, and master production schedules.

In MRP, a "bucket" refers to a fixed order quantity, such as an EOQ.

Definitions

Learning Objectives

Learning Objectives

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