Management

Distribution requirements planning (DRP) is an inventory control and scheduling technique that ...

Started by beccaep

MRP II ties MRP to the company's financial system.

Started by B

Data integrity is not vital to successful MRP implementation.

Started by Yi-Chen

One reason actual outputs can fall behind planned outputs is because there may be insufficient ...

Started by ssal

An input-output control report compares planned input from prior capacity requirements planning ...

Started by imowrer

Finite-capacity scheduling is an algorithm designed to schedule a group of orders appropriately ...

Started by BRWH

Lot-for-lot (L4L) is a rule that maintains the same order quantity each time an order is issued.

Started by mmm

Periodic order quantity (POQ) is a rule that tends to keep more inventory on hand than lot-for-lot ...

Started by tatyanajohnson

For items manufactured in-house, one component of lead-time is waiting time.

Started by jman1234

A planned order release provides an indication of when an order for a specified quantity of an item ...

Started by Garrulous

Planned receipts are estimates of the amount of inventory available each week after gross ...

Started by Marty

The master production schedule (MPS) is the part of the material-requirements plan that specifies ...

Started by wenmo

An intermediate item must have at least one parent and at least one component.

Started by lb_gilbert

A bill of materials (BOM) shows all of the components of an item, the parentcomponent relationships, ...

Started by asmith134

Gross requirements are the total demand derived from all parent production plans.

Started by shofmannx20

Part commonality tends to increase inventory costs.

Started by lidoalex

Part commonality refers to the degree to which a component has more than one immediate parent.

Started by javeds

Lumpy dependent demand can result from continuous independent demand.

Started by Evvie72

A component is an item that may go through one or more operations to be transformed into or become ...

Started by captainjonesify

Dependent demand occurs because the quantity required is a function of the demand for other items ...

Started by jake

A parent is any item manufactured from one or more components.

Started by jrubin

Material requirements planning (MRP) is a computerized information system developed specifically to ...

Started by melly21297

A newsstand is trying to determine how many bundles of newspapers to stock. For each bundle, the ...

Started by pane00

As an inventory manager, you must decide on the order quantity for an item. Its annual demand is ...

Started by Lobcity

A production manager is making a decision on batch size for a product with an annual demand of ...

Started by stephzh