MRP stands for Material Requirements Planning. MRP is a system used to manage and plan the production and inventory of materials. It helps in determining the quantity and timing of materials needed for production. MRP takes into account factors like lead time, demand, and inventory levels. It ensures that materials are available when needed, minimizing stockouts and excess inventory. MRP software often integrates with other systems like ERP for seamless planning and execution. Example: If a company wants to produce 100 units of a product, MRP will calculate the required quantity of raw materials, components, and sub-assemblies needed to fulfill the production order.

suzuki motor gujarat Interview Questions: What is MRP ?

Asked insuzuki motor gujarat,PPC Executive

What is MRP ?

AnswerBot

MRP stands for Material Requirements Planning.

MRP is a system used to manage and plan the production and inventory of materials.
It helps in determining the quantity and timing of materials needed for ...read more

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kamal gurjar

5mo

Maximum retail price

lokesh kumar meena

8mo

Maximum prizes

Anonymous

9mo

Production planning from subros Ltd company

Parmar Vikramsinh

10mo

Maintain minimum stock.

Parmar Vikramsinh

10mo

Market ret price

akash kumar

10mo

works at

Alf Engineering

My name is akash Gupta I belong from up jaunpur my last qualification diploma with mechanical production. My current company ALf engineering pvt Ltd as engineer production department. I have total exp...read more

Sreekant Kumar

10mo

MRP is maximum price

Upendra Maurya

10mo

works at

Krishna Maruti

MRP is Maximum price

vinoth selvam

MRP is a material requirement planning

Parth Patel

Maximum retail price