MAN 3504 - Dep Demand Inventory Mgt (MRP) (6 slides per page)

MAN 3504 - Dep Demand Inventory Mgt (MRP) (6 slides per page)

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MAN 3504 - Dep Demand Inv Mgt (MRP) 1 1 MAN 3504: Dependent Demand Inventory Management Dependent Demand Inventory Management Material Requirements Planning MAN 3504: Dependent Demand Inventory Management Material Requirements Planning (MRP) ± In manufacturing, MRP develops production and purchase schedules (i.e., makes quantity and timing decisions ) for component parts (which are dependent demand items) ± Does not use EOQ and ROP to get quantity & timing – uses a “time-phased grid” instead ± One reason for the new approach: demand is often lumpy ± Requires three inputs (or parts of the system) • Master Production Schedule • Product Structure (or Bill of Materials) • Inventory Status File MAN 3504: Dependent Demand Inventory Management Master Production Schedule Week Bikes 12 3 100 300 200 4 400 5678 150 300 250 100 MAN 3504: Dependent Demand Inventory Management Product Structure (or, Bill of Materials) 4 Fastener (2) 24 Spoke (3) Tire (2) 2 Wheel (1) Sprocket (4) 2 Crank (3) 2 Pedal (3) 6 Fastener (2) Crank Assembly (1) 8 Fastener (2) Bike (1) MAN 3504:
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This note was uploaded on 09/11/2011 for the course MAN 3504 taught by Professor Staff during the Spring '11 term at UNF.

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MAN 3504 - Dep Demand Inventory Mgt (MRP) (6 slides per page)

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