COMPUTER FUNDAMENTALS

COMPUTER APPLICATIONS

DATABASE MANAGEMENT SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The following are not features of Close Loop MRP
A
It’s a suite of functions, not just MRP
B
Provides feedback function from execution to planning.
C
Plans can be changed/replaced if needed by keeping priorities valid.
D
Sales and operations planning, which is used to balance demand and supply.
E
Consists of tools for solving priority issues, capacity planning and execution.
Explanation: 

Detailed explanation-1: -Explanation: The MRP system refers to the material requirements planning system which aims at scheduling, planning and, controlling the inventory and managing the various processes involved in manufacturing. Thus, the planned-order schedules are not involved in the MRP system.

Detailed explanation-2: -The three basic inputs of an MRP system include the Master Production Schedule (MPS), Inventory Status File (ISF), and Bill of Materials (BOM).

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