Glossary M

Glossary M

The Glossary for Quality Management +++ 'Material Requirements Planning', 'MRP', 'Muda'

Material Requirements Planning (MRP) aims to increase manufacturing efficiency by managing the

production schedule,
reducing inventory,
increasing cash flow, and
delivering products in a timely manner.

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MRP --->Material Requirements Planning

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Muda (Japanese: waste) describes Toyota's concept in the Toyota Production System (TPS) to improve profitability by waste reduction.

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