MRP is a computer based operations management system that uses ______ to make sure that needed parts and materials are available at the right time and place.Multiple choice question.customer feedbacksales forecastsinventory recordsdaily accounting reports
Question
MRP is a computer based operations management system that uses ______ to make sure that needed parts and materials are available at the right time and place.Multiple choice question.customer feedbacksales forecastsinventory recordsdaily accounting reports
Solution
The correct answer is "sales forecasts". MRP (Material Requirements Planning) systems use sales forecasts to ensure that necessary parts and materials are available when and where they are needed. This is because sales forecasts help predict future demand, allowing companies to plan their production schedule and inventory management accordingly.
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A functioning MRP system is required prior to adopting lean planning and control systems.Group startsTrue or False
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Clearly defining the management problem enables the MRP to do all of the following, except ______.properly evaluate the usefulness of the resultsset clear marketing research objectivesdetermine the right techniques for researchcollect much more data than is required
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