Chapter 14 Flashcards
1
Q
Materials Resource Planning (MRP)
A
a planning system used to ensure the right quantities of materials are available when needed
2
Q
Distribution Requirements Planning (DRP)
A
determination of replenishment and positioning of finished goods in the distribution network
3
Q
Capacity Requirements Planning (CRP)
A
an estimate of the capacity needed at work centers
4
Q
Enterprise Resource Planning (ERP)
A
software that consolidates all of the business planning systems and data throughout an organization
