In what ways are job-order and process costing similar?
The Fundamentals of Production Planning and Control Chapter 6 Material Requirements Planning Material Requirements Planning Chapter Outline: 1. Background and Fundamental Concepts 2. Bill of Materials 3. The MRP “Explosion” 4. Other MRP Issues 5. Potential MRP Challenges 6. Enterprise Resource Planning (ERP) 7. Business Environment Issues 3 Planning relationships Long Term Business Planning Planning 2 3 Forecasting Sales & Operations Resource Planning (S&OP)