Question

In order to schedule deliveries, Minimotors's suppliers need detailed information about when parts are needed. Minimotors will purchase a sophisticated computer application that will link its operation to sales forecasts to make sure needed parts and supplies are available at the right time to meet customer demands. This planning system is known as ________.

Answer 1

Materials Requiriment Planning (MRP)

Step-by-step explanation:

This planning system is ideal for managing the raw material, inventory and all stages of production more effectively. This intelligent system reduces the shortcomings and limitations that a manual system could present and increases the efficiency of the supply chain. Some added benefits of using Material Requirements Planning are improved procurement and production planning and improved inventory management.