Materials requirements planning (MRP)
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Materials requirements planning (MRP) systems are advantageous in that they:
a - provide for purchasing most component parts instead of trying to manufacture them internally
b - assure that sufficient safety stocks are on hand for unexpected vendors
c - result in lower negotitated prices from vendors
d - cuts the investment in inventory
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materials requirements planning (MRP) systems are advantageous in that they:
a - provide for purchasing most component parts ...
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