Describe the master production schedule-bill of materials

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Briefly describe and explain the MRP I and MRP II in terms of similarities and differences. Outline the features of MRP through independent and dependent Demand Scenarios. What is the main purpose of MRP in Inventory Management.

Describe the Master Production Schedule (MPS) and Bill of Materials (BOM) by their features and functions. What are the pros and cons of an MRP system and what is the main function of the Closed Loop in the MRP system byoutlining also the benefits that make the Closed Loop necessary in the MRP

Reference no: EM132277669

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