Question: Material Requirements Planning ( MRP ) is all about planning ahead so that everything is in place to produce the final product on time. It

Material Requirements Planning (MRP) is all about planning ahead so that everything is in place to produce the final product on time. It is primarily a planning tool, as opposed to an inventory or short-term dispatching technique. A great way to understand this concept better is to think about planning "backwards in time." A task that you have coming up is making cocolate chip cookies. Identify the tasks, plan out a schedule, and determine how long each task will take. Use the concepts covered in chapter 13 to help with this discussion.

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