Which method of keeping track of materials uses a bill of materials?

QUESTION

Which method of keeping track of materials uses a bill of materials?

A) materials requirement planning
B) just-in-time
C) enterprise resource planning
D) supply-chain management
E) inventory control

ANSWER

Answer: A
Explanation: A) Materials requirement planning (MRP) is a computer-based method of delivering the right amounts of supplies to the right place at the right time for the production of goods. It uses what is known as a bill of materials, which is essentially a list of materials that go into the finished product.