Which of the following is absolutely necessary for successful implementation and operation of MRP?
(I) accurate inventory records
(II) accurate demand forecasts
(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, demand forecasts, and bills of materials are essential for MRP to function effectively, as they ensure the system can plan and schedule production accurately.

Which of the Following Is Absolutely Necessary for Successful Implementation