MRP is a technique that helps managers:

Question

Quizplus · Accepted Answer

MRP, or Material Requirements Planning, is a technique used to ensure that the correct materials and parts are available at the right time during the production process. It uses a computerized system to track inventory levels and identify when items need to be ordered or produced in order to meet demand. This helps managers to avoid stockouts or delays in production, saving time and money. Options A, B, and C relate to other techniques such as sales forecasting, project scheduling, and workforce planning, respectively.

MRP Is a Technique That Helps Managers