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MRP
Beginning of Essay
While I primarily address the inbound flow of inventory (materials management), II adds other interfaces such as finance, marketing, and integrated logistics. Like I, II is a push inventory model which pushes product through manufacturing and distribution proc .... Middle of Essay .... work in developing the marketing and business plans. Operating variable could be regulated to examine the systemwide response to the proposed operating change.
Besides II includes the entire set of activities involved in the planning and control of production operations. It consists of a variety of functions of modules and includes production planing, resource requirement planning, master production scheduling, materials requirements planning ( I), shop floor control, and purchasing.
Process of II
Step 1 - Market Demand; the process begins with an aggregation demand from all sources. Examples of sources are firms’ orders, forecasts, and safe ....
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