Asked by Griffinn Kluth on May 25, 2024
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MRPII will not allow an organization to integrate financial planning with operations and logistics.
MRPII
Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies.
Financial Planning
The process of estimating the capital required and determining its competition; it's the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.
Operations And Logistics
The management of the processes involved in producing and distributing goods and services.
- Build knowledge on the spectrum of systems for inventory administration, including EOQ, JIT, and MRP structures, and their essential beliefs.
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Learning Objectives
- Build knowledge on the spectrum of systems for inventory administration, including EOQ, JIT, and MRP structures, and their essential beliefs.
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