L4M7 Exam Dumps | MRP software is a powerful tool for managing material requirements of manufacturing processes. To keep

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Question 108/121

MRP software is a powerful tool for managing material requirements of manufacturing processes. To keep the software function well, an organisation must have appropriate input data. Which of the following are the inputs of MRP software? Select THREE that apply.

A. Master production schedule

B. Bill of materials

C. Capacity requirement plan

D. Payrolls information

E. Facilities management

F. Inventory records

Correct Answer: A,B,F

A powerful benefit of MRP system is the capacity to produce exception reports, which show deviations from normal planning and performance. These enable anomalies to be investigated with a view to improve future forecasting.
Material requirement planning is an electronic system for combining the following:
- Known demand
- Forecast demand. Known demand and forecasted demand are shown in master production schedule.
- Bill of materials for the final product
- Inventory records

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