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What is MRP? What is ERP? How do they relate to one another?

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General Management

What is MRP? What is ERP? How do they relate to one another?

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Material requirement planning refers to the technique to calculate the requirements for materials and is used for multilevel planning It has fixed lead times and the work is loaded into buckets of infinite size These buckets are nothing but the time units and works are being loaded into these buckets without taking into consideration the capacity MRP system focus on meeting three objectives They    See Answer
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