MATERIAL REQUIREMENT PLANNING (OBJECTIVES :warning: (Maintain the lowest…
MATERIAL REQUIREMENT PLANNING
(MRP) is a computer-based production planning and inventory control system. MRP is concerned with both production scheduling and inventory control. It is a material control system that attempts to keep adequate inventory levels to assure that required materials are available when needed.
Maintain the lowest possible level of inventory
Plan manufacturing activities, delivery schedules, and purchasing activities
Ensure the availability of materials, components, and products for planned production and for
for future load
for complete load
RIGHT DUE DATE
the due date valid
Bill of Material
Inventory Status Record
Master Production Schedule
MRP applied in rolling horizon basis
MPS ---> MRP = PRODUCE PLAN ORDER ( smallchanges in MPS can cause larger changes in plan order.
Uncertainty of quantity demanded, quantity supplied, timing demanded and timing supply when lead time