MRP II ==>
Manufacturer Resource Planning
<application> (MRP II) A system based on MRP which allows manufacturers
to optimise materials, procurement, manufacturing processes, etc., and provide
financial and planning reports.
In the late 1970s and early 1980s, manufacturers integrated MRP and other
manufacturing and business functions. This renaissance is commonly known as
Manufacturing Resource Planning (MRP II). According to the American Production
and Inventory Control Society, Inc. (APICS), MRP II is a method for the
effective planning of all resources of a manufacturing company. Ideally, it
addresses operational planning in units, financial planning in dollars, and has
a simulation capability to answer "what if" questions. It includes business
planning, sales and operations planning, production scheduling, material
requirements planning (MRP), capacity requirements planning, and the execution
support systems for capacity and material. Output from these systems is
integrated with financial reports such as the business plan, purchase commitment
report, shipping budget, and inventory projections in dollars. Manufacturing
resource planning is a direct outgrowth and extension of closed-loop MRP.
See also Enterprise Resource Planning, SAP R/2, R/3, and Baan.
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