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Essay

Expansions of Material Requirements Planning

Essay specific features

 

Issue:

Business

 

Written by:

Gail G

 

Date added:

May 20, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 428

 

Was viewed:

7326 times

 

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Essay content:

Three major extensions of MRP are: Closed loop MRP, Materials Resource Planning (MRP II), and Enterprise Resource Planning ERP. Closed loop MRP is consistent with the basic structure of MRP but in addition, it employs the use of feedback to improve the accuracy of the plan. When MRP was originally used, materials plans were launched for a specific time period and then at then of that period, a completely new plan would be developed and launched...
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When MRP was originally used, materials plans were launched for a specific time period and then at then of that period, a completely new plan would be developed and launched. This process was continually repeated but there was no feedback loop to say whether a plan was achievable and whether it had actually been achieved...
displayed 300 characters

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