What are the three key parts of materials requirement planning (MRP)?
A)the aggregate inventory,suppliers' invoices,and bills of lading
B)inventory records,trend analyses,and production schedules
C)the master production schedule,the bill of materials,and inventory records
D)suppliers' invoices,distribution schedules,and bills of lading

Question

What are the three key parts of materials requirement planning (MRP)?
A)the aggregate inventory,suppliers' invoices,and bills of lading  
B)inventory records,trend analyses,and production schedules  
C)the master production schedule,the bill of materials,and inventory records  
D)suppliers' invoices,distribution schedules,and bills of lading

Quizplus · Accepted Answer

The three key parts of materials requirement planning (MRP) are the master production schedule, the bill of materials, and inventory records. The master production schedule outlines the production schedule for finished goods, the bill of materials lists the quantities of materials needed to produce each finished good, and inventory records track current inventory levels of both finished goods and raw materials. Choices A and D do not accurately reflect the key parts of MRP, and choice B only includes one of the three key parts.

What Are the Three Key Parts of Materials Requirement Planning