Question

Harriet uses a computer-based production planning system by which a firm can ensure that it has needed parts and materials available at the right time and place and in the correct amounts. Harriet uses:

A. just-in-time inventory system
B. computer-aided manufacturing
C. vendor-managed inventory
D. materials requirement planning

Answer 1

Harriet uses a Materials Requirement Planning (MRP) system, which is a computer-based production planning system designed to manage the timely and efficient availability of resources for production.

Step-by-step explanation:

Harriet uses a computer-based production planning system where parts and materials are available at the right time and place and in the correct amounts. This system is known as Materials Requirement Planning (MRP). MRP is distinct from just-in-time inventory systems, which focus on minimizing inventory and having parts delivered exactly when they are needed, a methodology widely adopted as described in the case of 1980s American car manufacturers like Honda. In contrast, MRP is about planning and scheduling the delivery of components well in advance using software systems. The use of MRP allows for more efficient production and inventory management, reflecting the concept that technology includes all methods of combining inputs to produce outputs most efficiently and at the lowest cost.