Materials requirement planning (MRP) is .
A) a method for inventory mining
B) used with dependent demand systems
C) materials requirement planning (MRP)
D) used with independent demand systems
E) not concerned with finished product inventories

Question

Quizplus · Accepted Answer

MRP is a method used with dependent demand systems, which are items that are required to produce finished goods. It is a system that calculates the amount and timing of materials needed for production based on the specific demands of the finished goods. MRP helps ensure that materials are available when needed and that excess inventory is minimized.

Materials Requirement Planning (MRP) Is