Mrp

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Title: Mrp

Essay Details:

Subject: Miscellaneous

Author: James V

Date: May 4, 2014

Level: University

Grade: B

Length: 6 / 1675

Essay text:

However, it adds further dimensions to the basic model. MRP II not only considers the inbound flow of material, but also how much material can actually be handle within the plant. Furthermore, it actually handles production scheduling, labour needs, inventory budgets, and personnel needs. But the most important feature is the addition of the finance interface. This module provides the capability of transforming the operating production plans into financial terms, consequently the data can be used for financial planning and control purposes of a more general management nature. Another significant addition is the simulation module...

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