BUSI 2301 Lecture Notes - Economic Order Quantity, Manufacturing Resource Planning, Eval
5 Mar 2014
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Document Summary
Chapter 14: material requirements planning (mrp) and enterprise resource planning (erp) Mrp planning and scheduling technique used for batch production of assembled items. Erp involves the use of extensive software to integrate record keeping and information throughout an organization. Dependent dmd dmd for subassemblies, parts, or raw materials which are derived from the plan for production of finished goods. Lead times, and open orders: mrp calculations mrp processing takes the end item reqm"s specified by mps and explodes them into time phased reqm"s for fabrication or assemble of subassemblies. Net reqms in pd t = gross reqs in pd t proj inv at start of pd t scheduled receipts. Gross reqms toal expected dmd for an item in each time pd. Schedule receipts open orders scheduled to arrive from vendors or shop floor. Projected on hadn expected amt of inventory that will be on hand at the beginning of a time pd.
