Question at position 7 Match the following descriptions to the appropriate Material Requirements Planning component Prompt 1A specific order for a specific item and quantity to be released to the shop or to the supplierAnswer for prompt 1 A specific order for a specific item and quantity to be released to the shop or to the supplier[input]Prompt 2The number or quantity of each component or material needed to produce a single unit of the parent itemAnswer for prompt 2 The number or quantity of each component or material needed to produce a single unit of the parent item[input]Prompt 3The projected closing inventory at the end of a period. Calculated as the beginning inventory minus gross requirements, plus scheduled receipts, plus planned receipts from any planned order releases.Answer for prompt 3 The projected closing inventory at the end of a period. Calculated as the beginning inventory minus gross requirements, plus scheduled receipts, plus planned receipts from any planned order releases.[input]Prompt 4A planned order that can be frozen in quantity and time so that the MRP computer logic cannot automatically change it when conditions change.Answer for prompt 4 A planned order that can be frozen in quantity and time so that the MRP computer logic cannot automatically change it when conditions change.[input]Prompt 5Relates the gross requirements for a component part to the planned order releases of the parent item, so as to identify the source(s) of the item’s gross requirementsAnswer for prompt 5 Relates the gross requirements for a component part to the planned order releases of the parent item, so as to identify the source(s) of the item’s gross requirements[input]Possible answersTime BucketScheduled ReceiptPeggingLot SizeFirmed Planned OrderMRP ExplosionPlanned Order ReleaseNet RequirementPlanning FactorProject Available Inventory