Material Requirements Planning (MRP) _ MRP & ERP
Explain what material requirements planning (MRP) is. How is the MRP system structured? Provide and analyze an MRP problem. Evaluate and compare MRP lot-sizing techniques. Response must no less than 150-words to the above. I work in Human Resources so direct your response to include real-life examples within my profession. Also, please make sure to use peer-reviewed and/or reputable internet sources in-text citations and references.