Define the plaining
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MRP run or planning run is an engine which is used to fill the demand and supply gap. Issues and Receipts are called MRP Elements. ... Receipts include production orders, purchase requisitions, purchase orders, open production orders, receiving stock transfer order, schedule lines, etc.
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Planning is ascertaining prior to what to do and how to do. It is one of the primary managerial duties. ... Planning is an essential step what managers at all levels take. It needs holding on to the decisions since it includes selecting a choice from alternative ways of performance.
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