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MATERIAL REQUIREMENT (Objective of MRP (ensure the availability of…
MATERIAL REQUIREMENT
Objective of MRP
ensure the availability of material components and product for planned production and for consumer delivery
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plan activities such as manufacturing, delivery schedules, and purchasing
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Challenge in MRP
uncertainty in quantity demanded, quantity supplied, timing of demand and timing of supply random lead times
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to produce updated planned order that maybe different and it can cause large changes in the planned order
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What is MRP
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it's material control system that attempts to keep adequate inventory levels to assured the required material available when needed