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Discussion Name: Professor: Course title: Institution: Date: Discussion The relationship between Material Requirements Planning (MRP), Capacity Planning and Inventory Management and examples of these relationships Capacity planning involves determining the production capacity that a company requires to satisfy the market demands of its products. In Materials Requirements Planning (MRP), the company has to ensure the availability of materials for production processes and products are available for delivery to consumers (Benton, 2010). This relates to capacity planning whereby the right amount of materials must always be supplied to facilitate adequate production capacity. Moreover, MRP ensures that the stored materials and product quantities are as low as possible (Benton, 2010). According to Benton, inventory management involves the company ensuring smooth movement of materials into and out of the current inventory (2010). This relates to MRP, which ensures that stored materials and products are maintained at a minimum low all the time. An example of these relationships is in a textile manufacturing company, where the company will ensure there is an efficient supply of the right amount of raw materials adequate for its production capacity. Moreover, the company will ensure smooth flow of its finished apparel to the market so that inventory levels are maintained at low levels. Three benefits...