Chapter 14 MRP and ERP

2 Pages
138 Views
Unlock Document

Department
Global Management Studies
Course
GMS 401
Professor
Sam Lampropoulos
Semester
Summer

Description
CHAPTER 14 MATERIAL REQUIREMENTS PLANNING AND ENTERPRISE RESOURCE PLANNINGDEPENDENT DEMAND y Dependent demand demand for subassemblies parts or raw materials that are derived from the plan for production of finished goods y Independent demand of most finished goods and supplies is fairly steady once allowances are made for seasonal variationsOVERVIEW OF MRP y Enterprise resource planning ERP used to manage and coordinate all resources information and functions of an organization from a shared database y Material requirements planning MRP planning and scheduling techniques primarily used for batch production of the components of assembled items y Activity that determines the plans for purchasing and production of dependentdemand componentsMRP INPUTS y MRP system has three major sources of information 1 Master production schedule MPS anticipated build schedule stating which end items are to be produced when and in what quantities for the next 12 weeks or so y Separates planning horizon into series of time periods or time buckets which are expressed in weeks or days y Cumulative lead time sum of the lead times that sequential phases of a process require from ordering of
More Less

Related notes for GMS 401

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit