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MATERIAL REQUIREMENT (Challenges in MRP (High costs and
technical…
MATERIAL REQUIREMENT
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Objectives
Plan manufacturing activities, delivery schedules, and purchasing activities
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Ensure the availability of materials, components,and
products for planned production and for customer deliveries
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Defination
A production planning and inventory control system. An MRP integrates data from production schedules with that from inventory and the bill of materials (BOM) to calculate purchasing and shipping schedules for the parts or components required to build a product.