Is the following statement characteristic of MRP or JIT.Planning and control concepts are only part of a wider philosophy.
A) MRP
B) JIT

Question

Quizplus · Accepted Answer

This statement is characteristic of JIT, as it emphasizes the broader philosophy of continuous improvement and waste reduction, rather than just the specific planning and control concepts used in manufacturing. MRP, on the other hand, is a more focused approach to production planning and inventory control.

Is the Following Statement Characteristic of MRP or JIT