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Operations And Supply Chain Management
Found in: Page 585
Operations And Supply Chain Management

Operations And Supply Chain Management

Book edition 14th
Author(s) F. Robert Jacobs
Pages 800 pages
ISBN 9780078024023

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Short Answer

Logic is used to calculate the needed parts, components, and other materials needed to produce an end item.

Material Requirements Planning (MRP)

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Step by Step Solution

Step 1: MRP

Material Requirement Planning (MRP) is the software that helps in improving productivity. It also helps in maintaining the inventory of the organization. It was the first inventory management software that was done on the computer.

Step 2: Logic is used to calculate the needed parts, components, and other materials needed to produce an end item

MRP is used to measure the needed parts, and also helps in producing finished goods. It helps in executing and making a decision about the goods that have to be produced.

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