CHAPTER 14: MATERIAL REQUIREMENTS PLANNING
(MRP) AND ERP
1. Wheeled Coach obtains competitive advantage through MRP in part because of their excellent
record integrity and insistence on record accuracy.
True (Global company profile, easy)
Finalize site and building con
Quality and strategy
International quality standards
Total quality management
Tool of TQM
Role of Inspection
TQM in services
Quality and Strategy
a. Managing quality helps
a.i. Differentiation, low cost, and
Forecast = demand in n prior periods / n
Forecast = (weight for period n)(demand for period n)/ weights
Ft = Ft-1 + (At-1 Ft-1)
Ft = At-1 + (1-)(Ft-1 + Tt-1) & Tt = (Ft Ft-1) + (1-)Tt-1
Efficiency = outputs / inputs
Productivity = units prod
Chapter 12: Inventory Management
POM Module: Inventory
1. Inventory is one of the most expensive assets of many companies, representing as much as 50%
of invested capital.
2. The objective of inventory management is to strike a bala
Chapter 3: Project Management
POM Module: Project Management (PERT/CPM)
1. Modern phenomena: growing project complexity and collapsing product/service life cycles.
2. Each new product or service introduction is a project.
3. There is
Chapter 4: Forecasting
POM Module: Forecasting
1. Forecasting is the art and science of predicting future events.
2. An increasingly complex world economy makes forecasting challenging.
3. Forecasts are always wrong! Few businesses,
Chapter s7: Capacity and Constraint Management
POM Module: Not Applicable
1. Capacity is the throughput or the number of units a facility can hold, receive or store in a given
2. Too little capacity loses customers and too much
Warehouse Management System in todays world is a computerized system that will manage
the inventory of your company. This is a system that is purchased from a company that
developed it for certain types of companies, in this case, a warehouse.
a. There ar
Just in Time (JIT), the Toyota production system and lean productions
Toyota Production System
Chapter 14 notes
Material requirements planning (MRP)- a dependent demand technique that uses a bill of
materials, inventory, expected receipts, and a master production schedule to determine material
Master production schedule- what is to be
Chapter 15 notes
Forward Scheduling- Scheduling that begins the schedule as soon as the requirements are
Backward Scheduling- scheduling that begins with the due date and schedules the final
operation first and the other job steps in reverse order.
I. The Supply Chain Strategic importance
II. Ethics and Sustainability
III. Supply Chain economics
IV. Supply Chain Strategies
V. Managing the supply chain
VI. E Procurement
VII. Vendor selection
VIII Logistics management
Milestone Exam 2 Study Outline - Prince 2-26-14
Chapter 6 Supplement: STATISTICAL PROCESS CONTROL
The purpose of Control Charts.
Understand Natural Variation vs. Assignable Variation
Variables Data vs. Attributes Data, and how that dictates whi
Milestone Exam 1 Study Outline 9-17-14
Materials are saved on our Isidore site.
The following is a list of suggested focus and review areas for Milestone Exam I. These notes are
intended as a guideline and may not be 100% inclusive of exam materia
Simulation 1 Pre-Work Assignment
Register your their teams at
To register, you need BOTH the individual code you purchase and the course
code 'ops301'. Any one on your team can set up the team.
UNIVERSITY OF DAYTON SCHOOL OF BUSINESS ADMINISTRATION
DEPARTMENT OF MANAGEMENT INFORMATION SYSTEMS,
OPERATIONS MANAGEMENT AND DECISION SCIENCES
Chapter 1: Operations and Productivity
POM Module: Not Applicable
1. Operations Management: Activities that relate to the creation of goods and services through the
transformation of inputs to outputs.
2. All organizations perform th
Chapter 11: Supply Chain Management
POM Modules: Factor Weighting
1. Supply Chain Management describes the coordination of all supply chain activities.
2. A huge part of a firms revenue is typically spent on purchases, so supply chai
Chapter 2: Operations Strategy in a Global Environment
POM Module: Factor Rating
1. There are six reasons domestic business operations pursue international operations:
a. Improve the supply chain
b. Reduce costs
c. Improve operations
Fitting a trend line to historical data points
to project into the medium-to-long-range
Linear trends can be found using the least
y^ = a + bx
= computed value of
the variable to be predicted
What do you think?
Can you cite any
which the lack of
inventory at a retail
store has caused
you as the
customer to be
December 5, 2013
Opening up or starting a new business in modern society is much harder than most people
anticipate. It is safe to say that a large portion of our current population has almost no
idea what i
Tulipomania began in the 16th century in Holland when tulips spread across
Europe and began to be extremely sought after by the wealthy people. The
country that had the biggest demand was clearly
December 3, 13
I had very different thoughts on OPS 301 before taking this class. This
class sounded really boring and Im not a computer person. After meeting
Professor Prince he seemed like a very nice
December 6, 2012
Video games and computer games alike have never been my forte. However, going into
the Burger Tycoon competition on Monday, I was feeling quite confident about my management
24 April 2012
During class on April 24 we devoted the whole class session to an online computer game.
Now, this wasnt just any online computer game that individuals play for fun, it was more of
pp2 Customer orders sent to sales dept.
Sales clerk checks the customer's credit worthiness
Sales clerk records the sales order
Digital copy of the order is distributed to the warehouse and the shipping department
Record Sale in sales journal
Rubric for Team Project
Clear, logical, and
organized. Easy to
Clear and organized.
Minor points confusing.
only with effort.
Paced for opti