MRP is a logical, easily understandable approach to the problem of determining the number of parts, components, and materials needed to produce each end item.

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MRP (Material Requirements Planning) is a logical, easily understandable approach to determine the number of parts, components, and materials needed to produce each end item. It is a computer-based inventory management system that uses bill of materials, inventory data, and a master production schedule to calculate material requirements and recommend ordering or production schedules.

MRP Is a Logical, Easily Understandable Approach to the Problem