Software applications that were developed to try and balance part purchases and plant capacities with production requirements are referred to as __________.
A) TQM
B) JIT
C) MRP
D) ARP

Question

Quizplus · Accepted Answer

MRP is short for Material Requirements Planning, which is a software system designed to balance part purchases and plant capacities with production requirements. TQM (Total Quality Management) is a management approach to quality assurance, while JIT (Just-In-Time) is an inventory strategy that aims to minimize inventory levels. ARP is not a commonly used acronym in manufacturing or supply chain management.

Software Applications That Were Developed to Try and Balance Part