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Question 1 Define and explain what is Material Requirement Planning (MRP) with provide an example (example how organization use the MRP). Why it is important?

Question 1

  • Define and explain what is Material Requirement Planning (MRP) with provide an example (example how organization use the MRP).
  • Why it is important?
  • List the advantages and disadvantages of MRP?

Question 2

  • Define and explain what is Enterprise Resource Planning Systems (ERP) with provide an example. (example how organization use the ERP).
  • Why it is important?
  • List the advantages and disadvantages of MRP?

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