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TRUE Originally MRP was Material requirements Planning was developed in response to the Toyota manufacturing process. MRP later evolved into Manufacturing Requirements Planning MRP-II to include concepts like capacity planning, master scheduling.
The basic idea of MRP being to lower inventory levels and costs without disrupting manufacturing operations by addressing three basic questions
what is required ?
when is it required?
how much is required?
The latest iteration of MRP is Demand driven MRP
My answer will be TRUE <<<<<<<<<<<<<<<<<<<<<<<<<
