MANUFACTURING RESOURCE PLANNING - MRP II
A computer-based information system used by business to integrate planning of all aspects of a manufacturing firm. Successor to the Materials Requirement Planning (MRP), it included additional data like employee and financial needs. It is designed to centralize, assimilate, and process information to make effective decisions in cost control, design engineering, inventory management, and scheduling in manufacturing. Also, it acts as a module of more comprehensive enterprise resource planning (ERP) systems.
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Bandwagon Effect
A psychological phenomenon in which people do something mainly because others are doing it, regardless of their personal beliefs, which they may ov ...
Harvest Strategy
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Discount House
A firm that buys, sells, discounts and/or negotiates bills of exchange or promissory notes. It is mainly operating in the U.K.
Economic Growth Rate
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SEE FOREX TUTORIAL
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Retirement Planning: Maximizing the Power of Compounding
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:00 | MI Inflation Gauge | Jan | |
02:30 | Retail Sales | Dec | |
09:00 | Factory Orders | Dec | |
11:30 | Construction PMI | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
12:00 | Retail Sales | Dec | |
17:00 | Ivey Purchasing Managers Index | Jan | |
21:00 | Loan Officer Survey | ||
01:30 | Average Cash Earnings | Dec |