________ systems utilize substantially better information on future requirements than is possible by the traditional non-time-phased order-point system.
A) MPD
B) IRA
C) PRM
D) MRP
E) QTR

Question

Quizplus · Accepted Answer

MRP (Material Requirements Planning) systems utilize time-phased information on future requirements to determine when and how much to order, which is significantly better than the non-time-phased order-point system. MRP takes into account lead times and inventory levels, allowing for more accurate production planning and inventory management.

________ Systems Utilize Substantially Better Information on Future Requirements Than