What is Material Requirements Planning or MRP ?

What is Material Requirements Planning or MRP ?
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1 Answer

Answer :

Use of softwares in Material Requirements Planning or MRP to oversee and control the production process. Is done. In this case, the inventory of different parts is discussed. An enhanced form of MRP is Manufacturing Resources Planning Two (MRP Two) which basically helps in scheduling , production tracking and product quality monitoring.
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Related questions

What is the full form of MRP ?

Last Answer : : Manufacturing Resource Planning

What is the full form of 'MRP' ? -How To ?

Description : What is the full form of 'MRP' ? -How To ?

Last Answer : The full form of 'MRP' is Maximum Retail Price

How big is the Alpine V-Power MRP-F300 4-Channel Car Amplifier?

Description : How big is the Alpine V-Power MRP-F300 4-Channel Car Amplifier?

Last Answer : According to Alpine's website the dimensions are (WxHxD) in: 10-15/16'' x 2-23/64'' x 9-27/32''

How do you hook up the power to the Alpine V-Power MRP-F300 4-Channel Car Amplifier?

Description : How do you hook up the power to the Alpine V-Power MRP-F300 4-Channel Car Amplifier?

Last Answer : Usually, it is best to make all of the new stereo's wiring connections through your car's wiring harness.Directly connecting it to the power is more complicated and risky.

What Is Mrp? And How Is Lot Size Used?

Description : What Is Mrp? And How Is Lot Size Used?

Last Answer : MRP is short for Materials Requirements Planning and it is a production planning technique that's used to manage the manufacturing process. It is basically used to determine your Material ... the nature of material requirement in terms of Weekly, Monthly, Quantity and Maximum Replenishment.

Assessee is having stock existing in the business. Valuation of the stock will be at : a) Cost b) Market Price c) Cost or MRP whichever is less d) Cost or MRP whichever is high

Description : Assessee is having stock existing in the business. Valuation of the stock will be at : a) Cost b) Market Price c) Cost or MRP whichever is less d) Cost or MRP whichever is high

Last Answer : c) Cost or MRP whichever is less

What do you mean by under conditions of perfect competition in the product market? a) MRP=VMP b) MRP>VMP c) VMP>MRP d) None of the above

Description : What do you mean by under conditions of perfect competition in the product market? a) MRP=VMP b) MRP>VMP c) VMP>MRP d) None of the above

Last Answer : Answer- a

Write two requirements for creating a table on a web page ?

Description : Write two requirements for creating a table on a web page ?

Last Answer : The two requirements for creating a table on a web page are given below. It is not possible to create individual columns on the web page, so if you want to sort any information in column form, you have ... picture by placing it in the cell of the table and making the wall of the table invisible .

What are the requirements for creating digital class ?

Description : What are the requirements for creating digital class ?

Last Answer : To create digital class, webcam, video capture card, sound card, speaker, microphone, multimedia computer, modem, telephone line, internet connection, necessary software etc. are required.

Write the requirements of wireless communication ?

Description : Write the requirements of wireless communication ?

Last Answer : Answer : Requirement Wireless communication system is essential for communication in places where cable or cable based communication is not possible. Wireless means must be used , especially ... as 1. Radio Frequency Communication II. Microwave communication 3. Infrared short range communication

What are the requirements of e-governance in Bangladesh ?

Description : What are the requirements of e-governance in Bangladesh ?

Last Answer : E-Governance is the application of electronic or digital system in the governance system and process of the country. E-Governance plays a vital role in modernizing and up-to-date all government and ... government departments is increasing and the efficiency of the staff is increasing.

What is Enterprise Resource Planning (ERP ) ?

Description : What is Enterprise Resource Planning (ERP ) ?

Last Answer : Enterprise resource planning (ERP) coordinates the overall external and internal information management of an organization, including the organization's finances / accounting , manufacturing , sales and ... and network configurations. It usually controls a database as a repository of information.

The person who responsible for researching, planning and recommending software and systems to meet the requirements of the user/organisation is called -Technology

Description : The person who responsible for researching, planning and recommending software and systems to meet the requirements of the user/organisation is called -Technology

Last Answer : (b) A system analyst is responsible for researching, planning and recommending software and systems choices to meet an organisation’s business requirements.

Which one of the following statements is true? a. Independ. Quality planning enables the project manager to manage the trade-off between customer expectations and budgetdent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations.

Description : Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. ... Quality planning enables the project manager to manage the trade-off between customer expectations  and budget

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and  meet stakeholder expectations.

Which of the following is the most important element ofA. Risk Management activities B. Quality Assurance activities C. Activity Resource requirements D. Budget Control activities Project Management Plan that is useful in HR Planning process:

Description :  Which of the following is the most important element of Project Management Plan that is useful in HR Planning process: A. Risk Management activities B. Quality Assurance activities C. Activity Resource requirements D. Budget Control activities

Last Answer : C. Activity Resource requirements

Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations. d. Quality planning enables the project manager to manage the trade-off between customer expectations and budget.

Description : Which one of the following statements is true?  a. Independent reviews and quality audits form part of quality assurance to ensure the project  manager delivers on time and to budget. ... planning enables the project manager to manage the trade-off between customer  expectations and budget.

Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for  purpose and meet stakeholder expectations.

Evaluating testability of the requirements and system are a part of which phase:- a) Test Analysis and Design b) Test Planning and control c) Test Implementation and execution d) Evaluating exit criteria and reporting Q4. One of the fields on a form contains a text box which accepts alphabets in lower or upper case. Identify the invalid Equivalence class value.

Description : Evaluating testability of the requirements and system are a part of which phase:- a) Test Analysis and Design b) Test Planning and control c) Test Implementation and execution d) Evaluating ... text box which accepts alphabets in lower or upper case. Identify the invalid Equivalence class value.

Last Answer : a) Test Analysis and Design

What determines the future IT infrastructure requirements for new equipment and additional network capacity? a. Flexibility b. Performance c. Capacity planning d. Benchmark

Description : What determines the future IT infrastructure requirements for new equipment and additional network capacity? a. Flexibility b. Performance c. Capacity planning d. Benchmark

Last Answer : c. Capacity planning

What is the basic raw material or requirements for Petrochemical industry? -SST 10th

Description : What is the basic raw material or requirements for Petrochemical industry? -SST 10th

Last Answer : The basic requirement for petrochemical industry are Naphtha or Ethylene and Benzene

Are there any requirements for the construction material used in a pool fence?

Description : Are there any requirements for the construction material used in a pool fence?

Last Answer : There are no standard requirements. The rules and regulations would vary from one area to the next. Your city or village or even neighborhood may have restrictions or requirements about ... code enforcement office in your municipality for information or for direction to the appropriate individual.

Which of the following is correct concerning requirements about auditor's communications about fraud? a. Fraud that involves senior management should be reported directly to the audit committee regardless of the amounts involved. b. All fraud with a material effect on the financial statements should be reported directly by the auditor to the SEC c. Fraud with a material effect on the financial statements should ordinarily be disclosed by the auditor through the use of an emphasis of a matter paragraph added to the audit report. d. The auditor has no responsibility to disclose fraud outside the entity under any circumstances

Description : Which of the following is correct concerning requirements about auditor's communications about fraud? a. Fraud that involves senior management should be reported directly to the audit committee ... . The auditor has no responsibility to disclose fraud outside the entity under any circumstances

Last Answer : Fraud that involves senior management should be reported directly to the audit committee regardless of the amounts involved

The primary purpose of an independent financial statement audit is to a. Provide a basis for assessing management's performance b. Comply with government regulatory requirements c. Assure management that the financial statements are unbiased and free from material error d. Provide users with an unbiased opinion about the fairness of information reported in the financial statements

Description : The primary purpose of an independent financial statement audit is to a. Provide a basis for assessing management's performance b. Comply with government regulatory requirements c. Assure ... users with an unbiased opinion about the fairness of information reported in the financial statements

Last Answer : Provide users with an unbiased opinion about the fairness of information reported in the financial statements

When flanges and flanged fittings meet the requirements for multiple materials and are marked for multiple materials and are marked in accordance with ASME B16.5, which of the following pressure rating may be used? e) Any applicable pressure rating. f) The lowest must be used. g) The highest must be used. h) Flanges may only meet one material specification.

Description : When flanges and flanged fittings meet the requirements for multiple materials and are marked for multiple materials and are marked in accordance with ASME B16.5, which of the following pressure rating may be ... . g) The highest must be used. h) Flanges may only meet one material specification.

Last Answer : e) Any applicable pressure rating.

When the purchasing manager for ABBA seat covers buys material and thread, he considers a variety of factors. Which one of the following is LEAST likely to concern the buyer in the purchase decision? A)does the quality of the goods meet company specifications B)does the supplier consistently deliver on time C)does the supplier also sell to my competitors D)does the price meet the company budget requirements

Description : When the purchasing manager for ABBA seat covers buys material and thread, he considers a variety of factors. Which one of the following is LEAST likely to concern the buyer in the purchase ... )does the supplier also sell to my competitors D)does the price meet the company budget requirements

Last Answer : C)does the supplier also sell to my competitors

Explain the requirements of good insulating material.

Description : Explain the requirements of good insulating material.

Last Answer : Requirement of good insulating material are: i) Electrical ii) Mechanical iii) Thermal iv) Chemical (i) Electrical requirement: A good insulating material should have high resistivity and low ... alkalies. It should not absorb water as water reduces insulation resistance and dielectric strength.