An inventory planning system that schedules the precise quantity of materials needed to make a product is called:
A)succession planning.
B)material-requirements planning.
C)benchmarking.
D)flexible scheduling.
E)capacity-requirements planning.

Question

Quizplus · Accepted Answer

Material-requirements planning (MRP) is the inventory planning system that schedules the precise quantity of materials needed to make a product, ensuring materials are available for production and products are available for delivery to customers.

An Inventory Planning System That Schedules the Precise Quantity of Materials