MRP stands for:
A)minimum resource payments.
B)maximized revenue potential.
C)managed resource priorities.
D)materials requirement planning.

Question

Quizplus · Accepted Answer

MRP stands for Materials Requirement Planning, which is a system that helps businesses plan and manage their inventory levels based on their manufacturing schedules and customer demand. This system uses data analysis to determine what materials are needed, when they are needed, and how much of them are needed to meet production goals.

MRP Stands For