Identify a key feature associated with materials requirements planning.
A)determining economic order quantity for all materials
B)minimizing or eliminating carrying and stockout costs
C)determining the optimal reorder points for all materials
D)reducing required inventory levels by scheduling production,rather than estimating needs

Question

Quizplus · Accepted Answer

Materials Requirements Planning (MRP) focuses on reducing inventory levels by scheduling production based on demand forecasts, rather than estimating needs, which helps in efficient inventory management and reducing excess inventory.

Identify a Key Feature Associated with Materials Requirements Planning