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MATERIAL REQUIREMENT PLANNING (OBJECTIVES OF MRP (Ensure the availability…
MATERIAL REQUIREMENT PLANNING
DEFINITION OF MRP
Material Requirements Planning, or MRP in short, is a scheduling, inventory control system and production planning control system that is used to maintain manufacturing processes. ... While most of the MRP systems are based on software, it is also possible to execute MRP manually by hand.
OBJECTIVES OF MRP
Ensure the availability of materials, components, and
products for planned production and for customer delivery
Maintain the lowest possible level of inventory
Plan activities such manufacturing, delivery schedules, and purchasing
CAPACITY
Plan for an accurate load
Plan for a complete load
Plan for an adequate time to view future load
PRIORITIES
Keep the due date valid
Order with the right due date
INVENTORY
Order the right part
Order at the right time
Order the right quantity
CHALLENGES IN MRP
Quantity Demanded
Quantity Supplied
Timing of Demand
Timing of Supply
Small changes in MPS can cause large changes in the planned order.
TYPES OF MRP SYSTEM
Bill of material - info of each item
Inventory status records - status the all item delivery
Master Production Planning - rolling schedule