Material Requirement Planning

___ is a methodology used in manufacturing and production management to efficiently manage and plan the materials needed for production.

Why is Material Requirements Planning (MRP) important in manufacturing and production management?

• A) It helps in reducing the production lead times.

• B) It ensures the efficient utilization of resources and inventory.

• C) It increases the overall marketing budget.

• D) It helps in designing new products.

How does Material Requirements Planning (MRP) help in achieving cycle time reduction?

• A) By eliminating the need for the production scheduling.

• B) By increasing the variety of products produced.

• C) By producing a schedule of production and the need for material using Lot Sizing technique.

• D) By outsourcing all production activities.

How does the involvement of overseas suppliers impact PERODUA's supply chain?

• A) It simplifies inventory management.

• B) It reduces the complexity of logistics.

• C) It eliminates delays and uncertainties.

• D) It adds layers of complexity to inventory management and logistics.

How does Material Requirements Planning (MRP) improve organizational performance?

• A) By increasing employee turnover

• B) By optimizing inventory levels and reducing waste

• C) By complicating supply chain management

• D) By decreasing product quality