Business Studies, asked by otienofaith98, 10 months ago

WHAT IS THE IMPACT OF MATERIAL REQUIREMENT PLANNING IN THE MANUFUCTURING INDUSTRY

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Answered by koushikmkj
1

Answer:

Material Requirements Planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for dependent demand items. ... MRP works backward from a production plan for finished goods to develop requirements for components and raw materials

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