Final answer:
The correct answer is c. Safety Stock. MRP inputs typically include Aggregate Plan, Master Schedule, and Lot Size.
Step-by-step explanation:
The correct answer is c. Safety Stock.
MRP stands for Material Requirements Planning, which is a system used to determine the production and purchasing requirements of a manufacturing company. It helps to manage inventory levels and ensure that materials are available when needed.
Inputs to MRP typically include the Aggregate Plan, Master Schedule, and Lot Size. The Aggregate Plan provides an overview of the production requirements over a given time period. The Master Schedule details the specific production schedule, including start and end dates for each order. The Lot Size is the quantity of a product that is produced in a single production run.
Safety Stock, on the other hand, is not a typical input to MRP. Safety Stock is an additional inventory that a company keeps on hand to protect against unexpected fluctuations in demand or supply. It acts as a buffer to ensure that there are no stockouts or production delays.