MRP is generally practiced on items with dependent demand.

Question

Quizplus · Accepted Answer

MRP (Material Requirement Planning) is a planning and scheduling system that is used to manage the production of items that have dependent demand, which means that the demand for the item is derived from the demand for another product. This includes components, raw materials, and sub-assemblies. MRP helps to ensure that there is enough inventory to meet the production schedule, while minimizing excess inventory and reducing costs.

MRP Is Generally Practiced on Items with Dependent Demand