Once Aggregate Planning is finished and the Master Product Schedule is published, the next step in the process is developing the Material Requirement Plan (MRP). The MRP is simply a list of the items that you will need to produce your product and when you will need them. In this assignment, we will look at MRP, its extension MRP II, and the development of ERP systems. Review the module resources associated with the three planning techniques. Describe and compare MRP, MRP II, and ERP. Identify a company and review their planning technique(s). Consider reviewing the planning technique used by your current or former employer. Describe the technique used by your selected company.
MATERIAL REQUIREMENT PLANS.