i) Define the term material resource planning ii) Explain the requirements of an efficient material resource planning system

      

i) Define the term material resource planning
ii) Explain the requirements of an efficient material resource planning system

  

Answers


Martin
i) Materials resource planning
- Materials resource planning is a push-through system that manufactures finished goods
for inventory on the basis of demand forecasts.

ii) Requirements of an efficient material resource planning system:-
- Demand forecasts for final products
- A bill of materials detailing the materials, components and sub assemblies for each final
product
- Available inventories of materials, components, and products
- Maintaining accurate inventory records and costs
marto answered the question on February 26, 2019 at 08:50


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