mrp

3 definitions found

mrp - Free On-line Dictionary of Computing (26 May 2007) :

  Material Requirements Planning
  MRP
  
     <application> (MRP) A system for effectively managing material
     requirements in a manufacturing process.
  
     Information systems have long been an important part of the
     manufacturing environment.  In the 1960s, manufacturers
     developed Material Requirements Planning (MRP).  According to
     the American Production and Inventory Control Society,
     Inc. (APICS), MRP is a set of techniques that uses bill of
     material data, inventory data, and the master production
     schedule to calculate requirements for materials.  It makes
     recommendations to reorder materials.  Furthermore, because it
     is time-phased, it makes recommendations to reschedule open
     orders when due dates and need dates are not in phase.
     Time-phased MRP begins with the items listed on the Master
     Production Schedule and determines the quantity of all
     components and materials required to fabricate those items and
     the date that the components and material are required.
     Time-phased MRP is accomplished by exploding the bill of
     material, adjusting for inventory quantities on hand or on
     order and offsetting the net requirements by the appropriate
     lead times.
  
     See also Manufacturer Resource Planning.
  
     (1999-02-16)
  

mrp - V.E.R.A. -- Virtual Entity of Relevant Acronyms (June 2006) :

  MRP
         Material / Manufacturing Resource Planning
         

  MRP
         Material Requirement Planning (PPS, CIM)