What term describes a set of techniques to calculate material needs based on production schedules?

The term that describes a set of techniques used to calculate material needs based on production schedules is material requirements planning (MRP). MRP is a system for effectively managing manufacturing processes by ensuring that the right materials are available for production at the right time. It takes into account the production schedules, inventory levels, and lead times to determine the quantity and timing of material needs. This helps organizations streamline operations, reduce excess inventory, and enhance overall efficiency by aligning material availability with production requirements.

In contrast, inventory turnover is a measure of how often inventory is sold and replaced over a specific period. Kitting refers to the assembly of individual items into ready-to-ship sets for specific orders. An import quota is a government-imposed limit on the quantity of a particular product that can be imported into a country. While each of these terms pertains to aspects of logistics and inventory management, they do not specifically describe the systematic approach to calculating material needs related to production schedules.