The next iteration of MRP systems is referred to as __________ and allow for better planning using "what-if analyses."
A) ERP
B) ELP
C) 2-MRP
D) MRP-II

Question

Quizplus · Accepted Answer

The question is asking for the name of the next iteration of MRP systems, which is commonly referred to as MRP-II (Material Requirements Planning II). MRP-II systems go beyond the basic functionality of MRP to include capacity planning and scheduling, shop floor control, and financial planning. MRP-II systems also incorporate "what-if" analysis capabilities, allowing for better planning and decision making. ERP (Enterprise Resource Planning) is a broader category of software that includes MRP-II as a subset. ELP and 2-MRP are not commonly used terms in the context of production planning systems.

The Next Iteration of MRP Systems Is Referred to as __________