The operations planning practice of using sales forecasts created by a computer to accurately predict the amount and timing of materials needed to complete products and projects is
A) enterprise resource planning.
B) materials requirement planning.
C) virtual accuracy tool.
D) computer-based materials model.

Question

Quizplus · Accepted Answer

The practice described is known as Materials Requirement Planning (MRP), which uses sales forecasts generated by a computer to determine the necessary amounts and timings of materials needed to complete products or projects. MRP is a key component of managing and optimizing supply chain operations.

The Operations Planning Practice of Using Sales Forecasts Created by a Computer