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Lecture
Material Requirement Planning (MRP)
Description
This lecture covers the fundamentals of Material Requirement Planning (MRP) in the context of Production Management. It explains the main objectives of MRP, the process of developing MRP, and concepts within MRP such as disaggregation. The lecture also delves into the overview of the MRP process, the importance of inventory records, and lot size policies. Practical examples, like planning a dinner party and developing MRP for Apple AirPods, are used to illustrate the concepts discussed.
Official source
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