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B
established by the master production schedule
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C
calculated by the MRP system from the master production schedule
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D
forecasted
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Solution
The correct option is C calculated by the MRP system from the master production schedule MRP is a simple system of calculating arithmetically the requirements of the input materials at different points of time based on actual production plans. MRP can also be defined as a planning and scheduling system to meet the time-phased materials requirements for production operations.
MRP always tries to meet the delivery schedule of end products as specified in the master production schedule.
MPS (Master production schedule): MPS is designed to meet the market demand (both the firm orders and forecasted demand) in the future in the given planning horizon. MPS mainly depicts the detailed delivery schedule of the end products. However, orders for replacement components can also be included in it to make it more comprehensive.