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Which statement is true?
Gross Material Requirements Plan
A schedule that shows the total demand for an item (prior to subtraction of on-hand inventory and scheduled receipts) and (1) when it must be ordered from suppliers, or (2) when production must be started to meet its demand by a particular date.
Master Production Schedule
A detailed plan that specifies what products are to be made, in what quantities, and when, serving as a primary input in materials requirement planning (MRP).
Time-Phased Schedule
A detailed plan that outlines when specific tasks or activities should start and finish over a set period, often used in project management.
Net Requirements
The total demand for a product minus the inventory currently in stock, used in manufacturing and logistics planning.
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