What is MANUFACTURING RESOURCE PLANNING (MRP-II)?

Interfaced resource system to a material requirements planning (MRP) process or system. It integrates a manufacturing firm’s total planning, not just production. Functions include: Business planning, production and schedule planning, required capacity planning, job costing, forecasting, financial management, order processing, shop floor control, time and attendance monitoring, performance measurement, and sales and operations planning. Also refer to optimized production technology.

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