A materials requirement planning (MRP)system produces schedules that identify raw materials,parts,and assemblies needed during specified time periods.

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A materials requirement planning (MRP) system is a computer-based inventory management system that generates a schedule of the materials and components needed to produce a product, based on the production plan and other inputs such as inventory levels, lead times, and order quantities. The schedule includes a list of raw materials, parts, and assemblies required for each production order during specific time periods, enabling the timely procurement and delivery of materials to support production.

A Materials Requirement Planning (MRP)system Produces Schedules That Identify Raw