Material Requirements Planning, a type of application software system used to schedule and monitor the use of components and other materials in a manufacturing operation
Manufacturing Resource Planning, a type of application software system used to schedule and monitor the full range of resources required for a manufacturing operation. (Sometimes called MRP II.)
(Ticaret) (material requirements planning) The process that uses the MPS as demand, explodes the bill of material for specified MPS items, nets those requirements against on-hand inventory and existing open orders, and recommends placing new production and purchase orders and changes to existing orders based on parameters that consider safety stock levels, lot sizes and lead times. It is based on the idea of dependent demand (demand for an item is due to its usage in other items) and starts at the highest level in the bill of material, stopping at the first level where the quantity of inventory plus incoming receipts is adequate to meet demand and it is not necessary to send a requirement to the next lower level. While sometimes considered complex due to many levels in the bill of material or a large number of items, MRP in general is just a calculator and depends completely on the accuracy of the MPS, bills of material and order date and quantity information to be useful
– Stands for “Most Recent Printing ” Whenever a card is reprinted, it is referred to as an MRP Usually any clarifications or changes that have been made to the card will be reflected in the new card text “I just got the MRP of ‘I Quit’, I think reads better than before ”
Material Requirement Planning (acronym) Process for identifying the amounts and types of material required for future manufacturing projects using bill of material, master production schedules, and inventories
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Manufacturing Resource Planning: ERP software specifically designed for manufacturing enterprises
-manufacturing resources planning Process for determining material, labor and machine requirements in a manufacturing environment MRPII (manufacturing resources planning) is the consolidation of material requirements planning (MRP), capacity requirements planning (CRP), and master production scheduling (MPS) MRP was originally designed for materials planning only When labor and machine (resources) planning were incorporated it became known as MRPII Today the definition of MRPII is generally associated with MRP systems
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Systems that enable users to manage the processes that make up a supply chain, including deploying inventory, forecasting, and shipping Sequentially, analysis of demands leads to creation of a master production schedule (MPS) The next step is the development of a material requirements plan (which generally assumes infinite material availability) This in turn generates a capacity requirement plan (CRP), in which capacity constraints are first uncovered
Mortgage Repayment Protection [top] This is insurance you take through the lender when you take out the loan This will pay an agreed monthly payment if you cannot work because of an accident, sickness or unemployment This amount should cover your mortgage repayments [top]
Materials Requirement Planning A set of techniques that uses bill of material data, inventory data, and the master production schedule to calculate requirements for materials
(n) An acronym for material requirement planning, a process used to calculate the amount of raw materials necessary to manufacture a specified number of products MRP uses the bill of materials from the engineering drawings or CAD techniques such as attribute assignments MRP has evolved into material resource planning, which includes both materials and financing
Manufacturing Resource Planning, a type of application software system used to schedule and monitor the full range of resources required for a manufacturing operation
(Ticaret) The system extending the original single function of material requirements planning (MRP) by including higher-level, long term production planning, master production scheduling (MPS), capacity requirements planning (CRP), production control and purchasing. Where the original MRP function strictly generated a materials plan by exploding bills of material, closed-loop MRP creates feedback and interaction by measuring the proposed material plan against longer term production and sales goals, verifying that capacity is available to complete the proposed production, and incorporating date and quantity changes to original plans required by vendors or the production floor