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Three major extensions of MRP are: Closed loop MRP, Materials Resource Planning (MRP II), and Enterprise Resource Planning ERP.
Closed loop MRP is consistent with the basic structure of MRP but in addition, it employs the use of feedback to improve the accuracy of the plan. When MRP was originally used, materials plans were launched for a specific time period and then at then of that period, a completely new plan would be developed and launched. This process was continually repeated but there was no feedback loop to say whether a plan was achievable and whether it had actually been achieved. Developing a Closed loop system involves checking production plans against available resources...
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Common topics in this essay:
- Business Processes And Information Systems
- Business Processes Engineering
- Business Requirements Definition for Select Comfort
- business processes
- Compare and contrast the strategies of war planning and business planning. What internal (micro) and external (macro) environmental factors or forces are considered important for the success of planning in business and war?
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- Expansions of Material Requirements Planning
- Implementing enterprise resource planning systems with total quality control and business process reengineering
- Marketing The Business Enterprise
- Outsourcing business processes
- Analyzing Business Processes For An Enterprise System
- Analyzing Business Processes for an Enterprise System
- Enterprise Application Software for Various Information Systems
- Requirements For Our Business Network
- Translate Business needs into technical requirements
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