MRP Meaning in the Cambridge English Dictionary

Meaning of “MRP” in the English Dictionary

"MRP" in Business English

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[U] PRODUCTION abbreviation for materialrequirementsplanning: a ​method of ​ordering the ​equipment and ​materials necessary for a ​manufacturingprocess by ​computer so that they arrive at a suitable ​time. MRP has now mainly been ​replaced by MRP II
[C] COMMERCE abbreviation for manufacturer's recommended price
(Definition of MRP from the Cambridge Business English Dictionary © Cambridge University Press)
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“MRP” in Business English

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