Complete the following using the terms listed.
-_____ is a software-based production planning system that ensures a company has all the parts and materials it needs to produce its output at the right time and place,and in the right amounts.
A)process layout
B)LEED certification
C)Gantt chart
D)PERT chart
E)Inventory control
F)ISO
G)critical path
H)Computer-integrated manufacturing
I)Utility
J)perpetual inventory
K)Materials requirement planning
L)standardization
M)Routing
N)assembly line
O)robot
P)just-in-time
Q)benchmarking
R)synthetic production system
S)make,buy,or lease decision

Question

Quizplus · Accepted Answer

Materials requirement planning (MRP) is a software-based production planning system that enables a company to have all the required parts for production at the correct time, place, and in optimal amounts. MRP helps to manage inventory, keep track of production schedules, and ensures that production consistently meets customer demand.

Complete the Following Using the Terms Listed