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CAD/CAM: Computer-Aided Design and Manufacturing by JR. - Department of Industrial Engineering, Lehigh University Emory W. Zimmers,, Mikell P. Groover

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Chapter 15Inventory Management and MRP

15.1 Introduction

Chapter 14 provided a general description of a modern computer-integrated production management system (CIPMS). One of the most important components of the CIPMS is the material requirements planning system. MRP is sometimes thought of as an inventory management system. In this chapter we describe material requirements planning, its underlying concepts, how it works, and its benefits. Entire books have been written on this subject, for example, [5]. The interested reader is invited to explore the many facets of MRP in that volume, details of which are beyond the scope of our book on CAD/CAM.

MRP has expanded to mean more than material requirements planning. Wight [10] is using the term ...

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