CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

In an MRP system, component demand is

A
ignored
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
established by the master production schedule
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
calculated by the MRP system from the master production schedule
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
forecasted
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
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.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Total, Average, and Marginal Product
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon