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his is a two part ESSAY Please answer both questions (if only one question is an

ID: 328513 • Letter: H

Question

his is a two part ESSAY Please answer both questions (if only one question is answered, you would only earn half of the credi Explain in your own words, what is MRP and why is important. >Be specific. Write.concisely, at least 1-2 paragraph(s) per uestion-4-5 complete sentences per paragraph is required the three MRP inputs. Write concisely, at least 1-2 paragraph(s) per question- 4-5 complete sentences Write concisely, at least 1-2 ) Name and briefly describe the three MRP inputs. per paragraph is required.

Explanation / Answer

Answer:- MRP can be seen as a production planning, scheduling and inventory control system which is mainly developed to manage the manufacturing activities and processes. The majority of MRP systems are software based but it can also be managed manually.

MRP Is mainly used for the three main purposes:-

·         To make sure the availability of material for production and products are available for the dispatch and delivery to the customers.

·         Maintaining the lest inventory of material and product levels in the store

·         Proper planning of manufacturing activities, delivery schedules, and purchasing activities.

Answer:- Three main MRP inputs are:-

A bill of materials:- It is mainly the list of different raw materials, component parts, subassemblies, and assemblies which are required for the production of one unit of a specific finished product

A master schedule:- It is mainly used to outline and predict the production activities of the plant.

An inventory records file:- It provides the information about the inventory of material.

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