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A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is: A
A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:
A. computer-aided manufacturing.
B. computer-integrated manufacturing.
C. economic order quantity.
D. material requirements planning.
E. economic run size.
Expert Solution
D- Material requirement planning
The statement given above justifies the basic purpose of MRP. It is a system by which calculations are being made regarding the materials and components needed to manufacture a product. The basic functions include control of inventory, bill of material processing, and elementary scheduling
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