Question

What is the difference between MRP input and output? (2-3 sentences)

Answer 1

Answer:

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Explanation:

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Answer 2

Full form of MRP :- Maximum Retail Price

Input of MRP :

The three major inputs of an MRP system are the master production schedule, the product structure records, and the inventory status records. Without these basic inputs the MRP system cannot function. The demand for end items is scheduled over a number of time periods and recorded on a master production schedule (MPS).

Output Of MRP :

This order has not yet been placed and will be placed in the future. Planned Order Release: This is the order quantity of an item that is planned to be ordered in the planned time period for this order that will ensure that the item is received when needed.