COMPUTER APPLICATIONS
ENTERPRISE RESOURCE PLANNING ERP SOFTWARE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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sales management.
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production processes.
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marketing techniques
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human resource management.
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Detailed explanation-1: -Material requirements planning (MRP) is a software-based integrated inventory and supply management system designed for businesses. Companies use MRP to estimate quantities of raw materials, maintain inventory levels, and schedule production and deliveries.
Detailed explanation-2: -The basic functions of an MRP system include: inventory control, bill of material processing, and elementary scheduling. MRP helps organizations to maintain low inventory levels. It is used to plan manufacturing, purchasing and delivering activities.
Detailed explanation-3: -Solution(By Examveda Team) A materials requirements planning (MRP) system is an example of a legacy computer system. Material requirements planning (MRP) is a system for calculating the materials and components needed to manufacture a product.