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Material Requirement (Objective of MRP (:<3:Ensure the availability of…
Material Requirement
Objective of MRP
:<3:Ensure the availability of materials, components, and
products for planned production and for customer delivery.
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:<3:Plan activities such as manufacturing, delivery schedules,
and purchasing.
Explain The Terms Inventory, Capacity and
Priority in MRP.
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Capacity
:star: Plan for an adequate time to view future load
:star: Plan for an accurate load
:star: Plan for a complete load
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Challenges
:tada: MRP is typically applied in a rolling horizon basis as
customer order firmed up and forecast become better
:tada: A new MPS is fed MRP to produce updated planned order that maybe very different. Small change is MPS can cause large changes in the planned order.
:tada: Uncertainty in quantity demanded, quantity supplied, timing of demand, and timing of supply.
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