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Asked by Griffinn Kluth on May 25, 2024

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MRPII will not allow an organization to integrate financial planning with operations and logistics.

MRPII

Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies.

Financial Planning

The process of estimating the capital required and determining its competition; it's the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.

Operations And Logistics

The management of the processes involved in producing and distributing goods and services.

  • Build knowledge on the spectrum of systems for inventory administration, including EOQ, JIT, and MRP structures, and their essential beliefs.
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Parin MuntahaMay 28, 2024
Final Answer :
False
Explanation :
MRPII (Manufacturing Resource Planning) is a system that integrates various business functions, including financial planning, operations planning, and logistics. It allows organizations to develop a comprehensive plan that coordinates production, inventory, purchasing, and other activities to meet customer demand while minimizing costs. Therefore, the statement is false.

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