A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:
A)computer aided manufacturing (CAM)
B)computer integrated manufacturing (CIM)
C)economic order quantity (EOQ)
D)material requirements planning (MRP)
E)economic run size (ERS)

Question

Quizplus · Accepted Answer

Material requirements planning (MRP) is a computer-based information system designed to manage dependent-demand inventories. It helps businesses to plan and schedule their production based on the needs of the end products, ensuring that they have the right materials available at the right time to meet demand. MRP is a key component in supply chain management and is used by many manufacturers to optimize their inventory levels and production processes.

A Computer-Based Information System Designed to Handle Ordering and Scheduling