Computer and information technologies MRP has evolved to become closed-loop MRP which can now take into account APP,MPS,and CRP.

Question

Quizplus · Accepted Answer

Closed-loop MRP (Material Requirement Planning) is an evolved version of traditional MRP that takes into account real-time changes in demand and supply through feedback loops. It incorporates data from other planning processes such as APP (Advanced Planning and Scheduling), MPS (Master Production Schedule), and CRP (Capacity Requirement Planning) to optimize production schedules. Therefore, the statement is true.

Computer and Information Technologies MRP Has Evolved to Become Closed-Loop