Material Requirements Planning
A computerized system typically used to determine the quantity and timing requirements for delivery and production of items. Using MRP specifically to schedule production at processes in a value stream results in push production, because any predetermined schedule is only an estimate of what the next process will actually need. Manufacturing Resource Planning - often called MRP II - expands MRP to include capacity planning, a finance interface to translate operations planning into financial terms, and a simulation tool to assess alternative production plans.
Material Requirements Planning
A computerized system typically used to determine the quantity and timing requirements for delivery and production of items. Using MRP specifically to schedule production at processes in a value stream results in push production, because any predetermined schedule is only an estimate of what the next process will actually need. Manufacturing Resource Planning - often called MRP II - expands MRP to include capacity planning, a finance interface to translate operations planning into financial terms, and a simulation tool to assess alternative production plans.
