Materials Requirement Planning - MRP

Author Topic: Materials Requirement Planning - MRP  (Read 1046 times)

Offline munna99185

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Materials Requirement Planning - MRP
« on: January 16, 2015, 02:15:28 PM »
One of the first software based integrated information systems designed to improve productivity for businesses. A materials requirement planning (MRP) information system is a sales forecast-based system used to schedule raw material deliveries and quantities, given assumptions of machine and labor units required to fulfill a sales forecast.

[http://www.investopedia.com/terms/m/mrp.asp]

Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University

Offline Farhananoor

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Re: Materials Requirement Planning - MRP
« Reply #1 on: January 19, 2015, 03:41:14 PM »
Good post.

Offline Farhananoor

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Re: Materials Requirement Planning - MRP
« Reply #2 on: January 19, 2015, 03:46:11 PM »
Nice sharing.