Material requirements planning (MRP) systems:
A)are an important element in JIT programs.
B)can be used to forecast sales.
C)can be used to develop production schedules.
D)will minimize costs by scheduling delivery dates that minimize the amount of inventory needed.
E)are described by all of the above

Question

Quizplus · Accepted Answer

Material requirements planning (MRP) systems are used in JIT programs to plan, schedule, and manage materials and resources required for production. MRP systems also utilize sales forecasts to determine production schedules and minimize inventory costs by scheduling delivery dates. Therefore, all the options are correct.

Material Requirements Planning (MRP) Systems