>MRP-II system is the abbreviation of Material Resource Planning II. It's a system design for managing whole the material, labor resource flowing in works, plants, or factories. Such as WO(Work Order), WIP(Working in Processing), inventory, financial, HR, purchase & sale order, import & export management. Maybe You could find some detail material about it on internet.
CPM Critical Path Management
VAR Value at Risk
BM Bill of Materials
COGS
SOGS