MATERIAL REQUISITION PLANNING. entire purpose is to plan for materials that are required for a particular purpose. An MRP is usually automated using transaction codes. MRP can be done for a single material item or a multilevel plan can be run for a material within a plant. MRP creates purchase requisitions, purchase orders, or planned orders for the material. This is done on the basis of the settings selected in the transactions. To take an example, a particular material item may be procured externally, in such a case, an MRP run creates requirements for that material through the respective plant from a sales document.
see MATERIAL REQUISITION PLANNING.
See Management Resource Planning.
See Material Requirements Planning
Materials Resource Planning. a manufacturing related activity concerned with managing the materials required to produce products. This includes collecting, inventorying, and distributing parts in the most cost-effective and efficient means possible. The concept of Information Resource Management is analogous to MRP (see IRM).
initials for Materials Resource Planning (see listing).
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.
An early category of manufacturing business software, which focused only on planning manufacturing materials and inventories, and did not integrate planning for other resources, such as people and machine capacity.
Original manufacturing business software that focused only on planning the manufacturing materials and inventories and did not integrate planning for other resources, such as people and machine capacity.
processing, capacity planning and standard cost estimation.
Management Recognition Plan
Material Requirements Planning. A software application that uses bill of material, routing, inventory, work order, sales order, purchase order, transfer order, and other information to recommend purchase orders, transfers, and work orders to balance supply and demand. MRP has been extended beyond traditional manufacturing environments to help distributors and service organizations manage their inventories and purchases.
Material Requirements Planning. A system that dissects products into the materials and parts necessary for purchasing, inventorying, and priority-planning purposes.
Materials Requirements Planning. A decision-making methodology used to determine the timing and quantities of materials to purchase.
Material Requirements Planning. A computer-based inventory management system that determines purchasing requirements among others.
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.
Materials requirements planning is a concept developed in the 1970s to make use of computers in modeling the requirements of materials for manufacturing operations.
Materials Requirements Planning was the first phase in the development of MRP II. An MRP software module uses the bill of material, inventory data, and the master production schedule (MPS) to calculate requirements for materials. It makes recommendations to release replenishment orders (POs) for materials. Further, since it is time phased, it makes recommendations to reschedule open orders when due dates and need dates are not in phase. Time-phased MRP begins with the items listed on the MPS and determines : 1) the quantity of all components and materials required to fabricate those items, and 2) the date that the components and materials are required. Time-phased MRP is accomplished by exploding the bill of material, adjusting for inventory quantities on hand or on order, and offsetting the net requirements by the appropriate lead times.
Material Requirement Planning. A computer-based system that accepts the master production schedule for a factory as input and then develops a detailed production schedule, using parts explosion, production capacity, inventory, and lead time data; usually a component of a Manufacturing Resoruces Planning (MRP II) system.
Merced Wild and Scenic River Comprehensive Management Plan
Materials Requirements Planning. A methodology and system used to plan and manage manufacturing operations. The BOM for products released to manufacturing is a key part of the MRP system's database. Manufacturing Resource Planning (MRP II) extends the principles of MRP by addressing the management of resources rather than just materials.
Materials requirements planning. MRP and MRP II are phases in developing computerized methods to plan the use of company resources, such as raw materials, vendors, production equipment, and processes.
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Manufacturing Resource Planning - A computerized System involved in getting all resources in the right place, at the right time, to manufacture and deliver a product
Materials Requirements Planning -works out what to buy and make from what you need (sold or plan to sell). MRP basically balances supply and demand based on, in some cases, quite complex rules. A development from the days of Bills Of Material Processors (BOMP). The definition of MRP was made in the 1960's by Orlicky. MRP only looks at material constraints, it does not look at capacity. Traditionally, this was done as a separate exercise through tools such as Rough Cut Capacity Planning (RCCP) and Capacity Requirements Planning (CRP) down to Finite Capacity Scheduling (FCS) systems.
See Manufacturing Resource Planning
Materials requirement planning. Original manufacturing business software that focuses only on planning the manufacturing materials and inventories and does not integrate planning for other resources, like people or machine capacity.
Is a methodology that uses bills of materials, inventory data, and production schedules to determine requirements for obtaining materials. It schedules the release of purchase orders for raw materials. See also Push.
Material Requirements Planning takes into account and plan every future requirement during the creation of order proposals (independent requirements, dependent requirements etc).
Major Related Program. A degree designed for students planning to transfer directly into a specific major at a baccalaureate institution.
Material Requirements Planning, MRP is one of the basic methods to calculate which material need to be purchased in order to cover production plan
MATERIAL REQUIREMENTS PLANNING. A production schedule which organizes the placement of materials where and when they are required.
Material Requirements Planning (voir PBM)
The process of determining the supply needs and timelines for new manufacturing processes in order to predict product delivery schedules and respond to changes in the market or product.
Material Requirements Planning. Critical manufacturing software application that uses Bill of Material, inventory, work order, purchase order and other relevant information to optimize product supply and demand.
Abbreviation for material requirements planning.
Material Requirements Planning. An information system that determines what assemblies must be built and what materials must be procured in order to build a unit of equipment by a certain date. It queries the bill of materials and inventory databases to derive the necessary elements.
(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.
Material requirements planning. A computer-assisted method of managing production inventory.