General Studies · Industrial Engineering and Operations Research
Which statement about Materials Requirement Planning (MRP) is incorrect?
- 1MRP relies solely on historical sales data and trend extrapolation for its material requirement calculations.✓
- 2MRP systems require accurate lead time information for effective component planning.
- 3MRP systems help manage inventory levels of dependent demand items and production schedules.
- 4MRP can improve customer service by ensuring finished product availability.
Correct answer
MRP relies solely on historical sales data and trend extrapolation for its material requirement calculations.
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