SCM 3301 Lecture Notes - Lecture 9: Enterprise Resource Planning, Material Requirements Planning, Capacity Planning

• School: University of Houston
• Department: Supply Chain Management
• Course: SCM 3301
• Professor: Wayhan Victor

Document Summary

Engineering document that shows all component parts and subassemblies making up an end item. Dependent demand: component parts and subassemblies (no forecast) Software based production planning and inventory management system used for computing dependent demand and timing requirements. Item generating the demand for lower level components. Time phased requirement prior to considering on hand inventory and lead time. Unsatisfied item requirement or a specific time period. Time-phased specific order to be release to the shop or supplier. Basically try to get everything in to arrive to be made on the same day. Explosion: splitting all the billed releases into it"s component parts. Determined by supplier (foq - fixed order quantity (packs of 12 or the sort), lfl - lot for lot (exactly what you need)) Determined by firm (eoq - economic order point ; what quantity is more economical to company) Time-phased finished goods inventory replenishment plan in a distribution network.