Question

MRP-I refers to which of the following?

• A. Materials and Resource Planning
• B. Manufacturing Resources Planning
• C. Maximum Retail Price
• D. Materials Requirement Planning

Answer 1

Answer:

D. Materials Requirement Planning

MRP-I is a planning technique that converts the master production schedule into a detailed schedule for raw materials and parts. It refers to Materials Requirement Planning. MRP- II(Manufacturing Resources Planning) is an effective planning method for all resources of a manufacturing company.