Many companies guard against the possibility of running out of needed materials by using a material requirements planning (MRP)system.

Name: Many companies guard against the possibility of running out of needed materials by using a material requirements planning (MRP)system.
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Material Requirements Planning (MRP) systems are used by companies to ensure they have the necessary materials for production by calculating what is needed, how much is needed, and when it is needed, thus preventing shortages.

Many Companies Guard Against the Possibility of Running Out of Needed