Concept explainers
To determine: The distinction between MRP, DRP and ERP system.
Introduction:
Material requirements plan (MRP):
The MRP is the plan which is used to
Distribution resource planning (DRP):
DRP is a method used in business for the administration in the supply chain department. The system will allow the people set the different parameters in the supply chain such as safety stock, replenishment time and others.
Enterprise resource planning (ERP):
ERP is business process managing software which allows the firm to integrate and manage many back office functions of a firm. The back office functions might be related to human resources, technology and services.
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EP PRIN.OF OPERATIONS MGMT.-MYOMLAB
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