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What is MRP Overview and Computation Steps about?

The document provides an overview of Material Requirements Planning (MRP), which is a computer-based production planning and inventory control system. MRP determines production schedules and inventory levels to ensure availability of required materials. It takes the master production schedule for end items and translates it into individual time-phased component requirements. MRP computations involve determining gross requirements, net requirements by subtracting inventory from gross, and time-phasing net re

Author

Rao Kakarala

Language

EN