Which of the following is a key feature of materials requirements planning (MRP-II)?
A) Reducing required inventory levels by scheduling production, rather than estimating needs
B) Minimizing or eliminating carrying and stockout costs
C) Determining the optimal reorder points for all materials
D) Determining economic order quantity for all materials

Question

Quizplus · Accepted Answer

Materials requirements planning (MRP-II) is a system used to manage and schedule the production of materials in a manufacturing environment. A key feature of MRP-II is reducing required inventory levels by scheduling production based on actual demand rather than estimating needs, which helps minimize carrying and stockout costs. While determining optimal reorder points and economic order quantity are important aspects of inventory management, they are not necessarily unique features of MRP-II.

Which of the Following Is a Key Feature of Materials