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MATERIAL REQUIREMENT (Objctive of MRP (Ensures the availability of…
MATERIAL REQUIREMENT
Objctive of MRP
Ensures the availability of materials, components, and products for planned production and for customer delivery.
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To plan activities such as manufacturing, delivery schedules, and purchasing
Terms inventory, capacity and priority in MRP
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MRP is a production planning and inventory control system. it is also integrate data form production schedules with that from inventory and the bill of materials in order to calculate purchasing and shipping schedules for the parts or components required to build a product.