CHAPTER 4 - Management Science II Dr.T.T.Narendran MODULE 3...

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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras MODULE 3 Materials Management Materials Requirements Planning (Mrp) Materials Requirements Planning (Mrp)
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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras
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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras A Typical Mrp
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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras
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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras
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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras Comparison Of Mrp And Traditional Systems Dimension MRP Traditional Demand Dependent Independent Order Philosophy Requirements Replenishment Forecast Based on master schedule Based on past demand Control Concept Control on all items ABC Objectives Meet manufacturing needs Meet customer needs Lot Sizing Discrete EOQ Demand Pattern Lumpy but predictable Random Types of Inventory Work-in-process and raw materials Finished goods and spare parts
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Management Science II Dr.T.T.Narendran Indian Institute of Technology Madras Logical Analysis Preceding Mrp When do we want to make how many of each product? What components are required? How many of each of these is already on hand? How many have already been ordered? When will they arrive? When are more needed and how many more? When should these be ordered? Requirements For A Sound Mrp A valid master plan Accurate bills of materials Accurate information on current inventories Accurate information on orders already placed. Reliable lead times
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This note was uploaded on 03/04/2011 for the course HR 303 taught by Professor Sanghamitra during the Fall '05 term at Indian Institute of Technology, Chennai.

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CHAPTER 4 - Management Science II Dr.T.T.Narendran MODULE 3...

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