List The Types Of Mrp?

1.	List The Types Of Mrp?
Answer» The three types of MRP are as follows: Reorder-point planning — In this TYPE of MRP, the procurement starts when the existing stock and the receipts fall below the reorder point. FORECAST-based planning — In this type of MRP, the forecast values and the future requirements of the material is decided by the forecasting program. Time-based planning— In this type of MRP, the DATE of the planned REQUIREMENT should match with a known date, such as the date when the vendor delivers. If the vendor delivers the material on the same date, then you can start the planning procedure from that date itself. The three types of MRP are as follows:

Answer»

The three types of MRP are as follows:

Reorder-point planning — In this TYPE of MRP, the procurement starts when the existing stock and the receipts fall below the reorder point.
FORECAST-based planning — In this type of MRP, the forecast values and the future requirements of the material is decided by the forecasting program.
Time-based planning— In this type of MRP, the DATE of the planned REQUIREMENT should match with a known date, such as the date when the vendor delivers. If the vendor delivers the material on the same date, then you can start the planning procedure from that date itself.

The three types of MRP are as follows:

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