Material Requirement Planning

Which of the following is the definition of MRP?

• Materials requirements planning (MRP) is a computerized inventory planning and control system for determining when (no earlier and no later) and how many of each of the parts, components, and materials should be ordered or produced.

• MRP is a method for guessing material requirements freely

• MRP is a computerized method for calculating material and stock requirements in the warehouse only.

• MRP is a computerized method for calculating material requirements based on customer wishes and also approved by the customer.

Which of the following is not MRP input?

• BOM

• MPS

• Inventory

• Finished Goods

Which of the following is not output from MRP?

• Work Order

• Purchases Orders

• Material Plan

• Company Cash Outflow

Which of the following is not a function of MRP?

• Inventory Control

• Determination of components based on priority.

• Ensuring capacity needs.

• Increase the Bullwhip Effect

The following are conditions when you should use MRP, Except?

• Dependent Demand

• Company Collapses

• Complex Product

• Jobshop Production