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Supply Chain Management

Category - Inventory

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_______ makes the best use of material, labor, and equipment and maintains inventory investment at the required levels.

MRP
MPR II
MPS
A production plan

Explanation

Answer: C - Master production schedule (MPS) is a plan for individual commodities produced during a certain time period. It is commonly linked to manufacturing where the plan indicates when and how much of each product will be demanded.

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