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5. The available-to-promise (ATP) quantity for any period t which has an MPS quantity, other than first period, is equal to: the MPS quantity in period t, minus a) The projected on-hand inventory in period t. b) The cumulative total of forecasts from period t up to the period that has the next MPS quantity. c) The cumulative total of booked customer orders from period t up to the period that has the next MPS quantity. d) The sum of the forecast and booked customer orders for period t. 6. Which of the following quantities has no effect on the first period's ATP calculation? a) Current on-hand inventory. b) Booked customer orders for the first periods. c) MPS quantity for the first period. d) Forecasted demand for the first period. 7. Which one of the following is a typical benefit of MRP? a) A lower number of inventory turns. b) Faster delivery times to customers. c) An increase in the number of expeditors d) An increase in direct labor requirement. 8. Which best defines the gross requirements for a component items a) The forecast customer demand for the component. b) The amount of safety stock needed to buffer against uncertainty. c) The sum of gross requirements for all parents of the components. d) The total demand for the components derived from all immediate parents

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