Asked by Jessica Slate on May 02, 2024
Verified
MRP is generally practiced on items with dependent demand.
Dependent Demand
The demand for a product that is directly linked to the demand for another product, such as the demand for parts or raw materials needed to produce a final product.
MRP
Material Requirements Planning, a production planning, scheduling, and inventory control system used to manage manufacturing processes.
- Understand the fundamental principles of Material Requirements Planning (MRP) and its application for items with dependent demand.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
True
Explanation :
MRP (Material Requirements Planning) is a technique used to plan and schedule the production of items that have dependent demand, meaning their demand is derived from demand for other products or parts. This is in contrast to items with independent demand, which have demand that is not influenced by the demand for other products or parts.
Learning Objectives
- Understand the fundamental principles of Material Requirements Planning (MRP) and its application for items with dependent demand.
Related questions
MRP Can Be Effective Only If Very Accurate Lot Sizes ...
Which of the Following Are Limitations of Rules-Based Dispatching Systems ...
Resource Requirements Planning (RRP) Is a Long-Run, Macro-Level Planning Tool
Materials Requirement Plan (MRP) Is Most Effective at Managing Independent ...
Capacity Requirements Planning (CRP) Is Used to Check the Feasibility ...