Objectives of MRP are to be explained. Concept Introduction: Material Requirement Planning (MRP) is the detailed planning of all components required and its quantity for the end product. It is usually prepared for a week and keeps on changing according to the product.

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Chapter 14, Problem 8DQ

Summary Introduction

Interpretation: Objectives of MRP are to be explained.

Concept Introduction: Material Requirement Planning (MRP) is the detailed planning of all components required and its quantity for the end product. It is usually prepared for a week and keeps on changing according to the product.

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