Question: What is 'material requirements planning ( MRP ) ' in an organisation? a . It is an operations schedule based on sales and marketing information

What is 'material requirements planning (MRP)' in an organisation?
a. It is an operations schedule based on sales and marketing information
b. It is a software tool to order resources
c. It is a matrix of customer needs indicating time-phased components
d. It is an inventory management system
What is 'material requirements planning (MRP)' in an organisation? a. It

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

3:44 PM Sat Jul 16 ( 73% learn-us-east-1-prod-fleet01-xythos.content.blackboardcdn.com a Chairman Bev Ridgeway Nutmeg Enterprises Ltd ountain Products Nutmeg Brewing Company Nutrition Products...

Q:

Prepare a preliminary assessment of the business opportunity, benefits and possible solutions for the case study project Case Study 400 Nutmeg Enterprises Inc. Introduction Nutmeg Enterprises is a...

Q:

1. What is the primary goal of operations management? a) Maximizing profits b) Minimizing costs c) Delivering value to customers d) Increasing market share 2. Which of the following is NOT a key...

Q:

Choose an organization with which you are familiar (or contact your instructor for a recommended organization to research). Review all the components of the Manufacturing Planning and Control (MPC)...

Q:

can these info sheets be sent with photos i sent in. cation: Expected format: unexpected changes to record activity related to a MPS and how to mitigate Planning and Scheduling (2020), pp. 160-161,...

Q:

1. Gross requirements of an item are generated by the Planned Order Releases from the level above in the BOM. Answer: True Explanation: Gross requirements are the total requirements for an item,...

Q:

In the Intro to Purchasing and Supply Chain reading, Page 6, Figure 1-2, there is a comparison of Traditional Purchasing versus the Current Outlook. Provide three reasons why the Current Outlook is...

Q:

GPS-to-Go: Case Study GPS-to-GO Case You are Joseph Thomas, Vice-President of Operations for GPS-to-GO and responsible for preparing the factory to build, test and ship GO I, II, and II GPS products....

Q:

SOLVE ALL QUESTION ( IMP) Which of the following is not a primary function of operations management? a) Forecasting b) Inventory management c) Marketing d) Quality control Which production process...

Q:

SOLVE ALL QUESTION ( IMP) Which of the following is not a primary function of operations management? a) Forecasting b) Inventory management c) Marketing d) Quality control Which production process...

Q:

Book versus Market Value Now suppose that the market value in thousands of dollars of Fincorp's fixed assets in 2011 is 6,000 and that the value of its long term debt is only 2,200. In addition the...

Q:

Doug Casey is in charge of planning and coordinating next springs sales management training program for his company. Doug listed the following activity information for this project: a. Draw a project...

Q:

12. Open the Age Solution (Age Solution.sln) file contained in the VB2012\Chap03\Age Solution folder. If necessary, open the designer window. The Calculate button should calculate your age this year...

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...