Examlex
If an assignee fails to provide a notice of assignment,the obligor cannot be sued for performing according to the original contract.
Gross Requirements Plan
A schedule that specifies the amount and timing of future material and component requirements necessary to fulfill the production plan.
Net Requirements Plan
An output of the manufacturing planning process that identifies the quantity and timing of future material or product demands based on current inventory levels and scheduled supply.
MRP II
Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies, an evolution of Material Requirements Planning (MRP).
MRP
Material Requirements Planning; a system for planning and managing inventory levels, production schedules, and purchasing needs in the manufacturing process.
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