A material requirements planning (MRP) system is a collection of logical procedures for managing, at the most detailed level, inventories of component assemblies, subassemblies, parts and raw materials in a manufacturing environment. It is an information system and simulation tool that generates proposals for production schedules that managers can evaluate in terms of their feasibility and cost effectiveness. Hierarchical production planning; Production management.
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© 2001 Kluwer Academic Publishers
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Gass, S.I., Harris, C.M. (2001). Material requirements planning. In: Gass, S.I., Harris, C.M. (eds) Encyclopedia of Operations Research and Management Science. Springer, New York, NY. https://doi.org/10.1007/1-4020-0611-X_591
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DOI: https://doi.org/10.1007/1-4020-0611-X_591
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