Which of the following is absolutely necessary for successful implementation and operation of MRP?
(I) accurate inventory records
(II) master schedules
(III) accurate holding and backordering costs
(IV) accurate bills of materials
A) I, II, and IV only
B) I, III, and IV only
C) I, II, and III only
D) I and II only
E) I, II, III, and IV

Question

Quizplus · Accepted Answer

Accurate inventory records, master schedules, and accurate bills of materials are essential for MRP to function effectively, as they ensure that the system can accurately plan and schedule production. Accurate holding and backordering costs are not directly necessary for MRP operation.

Which of the Following Is Absolutely Necessary for Successful Implementation