A computerized inventory system that simulates needed materials requirements for the finishedâ product, and then compares production needs to available inventory balances to determine when orders should be placed is theâ ________.

A computerized inventory system that simulates needed materials requirements for the finished a product, and then compares production needs to available inventory balances to determine when orders should be placed is the ________.

materials requirement planning system

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Tundexi Tundexi · Answer 2 · 2022-05-12T10:35:24+02:00

A materials requirement planning system is the computerized inventory system that simulates needed the materials requirements for the finished product.

What is a materials requirement planning system?

This is an inventory tool used in the production process that requires the analyses of current inventory levels and production capacity.

This tool helps to understand the need to manufacture goods based on forecasts.

Therefore, the materials requirement planning system is correct.