Asked by damian sanchez on Jun 02, 2024
Verified
The planning process that integrates production, purchasing, and inventory management of interdependent items is called _________.
A) ERP
B) MRP
C) MRP II
D) SCM
MRP II
Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies, expanding on Material Requirements Planning (MRP).
MRP
Material Requirements Planning, a system for calculating the materials and components needed to manufacture a product.
ERP
A kind of software known as Enterprise Resource Planning is employed by organizations to oversee routine business functions like accounting, procurement, project management, and manufacturing.
- Learn about the basic tenets and aims of various information systems like ERP, TPS, SCM, CRM, FAIS, and MRP.
- Comprehend the progression and merging of manufacturing and inventory management systems, specifically MRP transitioning to ERP.
Verified Answer
KS
Kaylyn SuitorJun 08, 2024
Final Answer :
B
Explanation :
MRP, or Material Requirements Planning, is the planning process that integrates production, purchasing, and inventory management of interdependent items to ensure materials are available for production and products are available for delivery to customers.
Learning Objectives
- Learn about the basic tenets and aims of various information systems like ERP, TPS, SCM, CRM, FAIS, and MRP.
- Comprehend the progression and merging of manufacturing and inventory management systems, specifically MRP transitioning to ERP.