COMPUTER APPLICATIONS
DATABASE MANAGEMENT SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many kinds should be produced, and when?
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How many people should be involved in the production process
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The price that must be priced from the product produced
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When will the distribution of finished goods be carried out?
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The amount of raw materials that must be ordered according to the level of production and when to order?
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Detailed explanation-1: -Material requirements planning (MRP) is a system for calculating the materials and components needed to manufacture a product. It consists of three primary steps: taking inventory of the materials and components on hand, identifying which additional ones are needed and then scheduling their production or purchase.
Detailed explanation-2: -Raw materials are the input goods or inventory that a company needs to manufacture its products. Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.
Detailed explanation-3: -Estimate/Forecast Product Demand. Access Inventory. Resource Planning. Monitor Production. Adjust the Plan to Make Production More Efficient in the Future. 16-Nov-2021