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Tutorial 8 : Material Requirement Planning (Challenges (Quantity demanded,…
Tutorial 8 : Material Requirement Planning
MRP definition
Material requirement planning 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.
Objective MRP
Ensure the availability of materials, components, and products for planned production
Maintain the lowest possible level of inventory
Plan activities such as manufacturing, delivery scheduled and purchasing
Capacity
An accurate load
Plan for a complete load
An adequate time to
Inventory
Order the right part
the right quantity
At the right time
Priority
Order with the right due date
Keep the due date valid
MRP System
Master production schedule
involved of rolling schedule
Bill of materials (BOM)
Info each items
Inventory system records
status the all item delivery
Challenges
Quantity demanded
Quantity supplied
Timing of demand
Timing of supply