MRP is a computer-based production planning system that lets a company ensure that it has all the parts and materials it needs to produce its output at the right time and place and in the right amounts.

Question

Quizplus · Accepted Answer

MRP, or Material Requirements Planning, is indeed a computer-based system designed for production planning and inventory control, ensuring materials and parts are available for production in the right quantities, at the right time, and place.

MRP Is a Computer-Based Production Planning System That Lets a Company