Over the last two years, your facility has stored a high level of inventory to offset any forecast demand and/or vendor issues. As your profit margins have shrunk, the company has tasked you with finding a new way to deal with this issue. You have determined that part of the problem has been a lack of a systematic method to calculate the quantity of materials needed for production and to determine when the materials should be ordered. You have decided to implement a computerized program that will calculate both. What is the method called? Group of answer choices Just-in-time production Master production schedule Material requirements planning Manufacturing resource planning