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MATERIAL REQUIREMENT (2. What are the objectives of MRP? (Ensure the…
MATERIAL REQUIREMENT
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3. Explain the terms inventory, capacity and priority in MRP
Capacity:
- plan for a complete load
- plan for an accurate load
- plan for an adequate time to
view future load
Inventory
- order the right part
- order the right quantity
- order at the right time
Prorities
- order with the right due
date
- keep the due date valid
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1. Explain what is MRP
- Material requirements planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes. Most MRP systems are software-based, but it is possible to conduct MRP by hand as well. Plan manufacturing activities, delivery schedules and purchasing activities