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MATERIAL REQUIREMENT (What are the challenges in MRP? (Timing of Supply,…
MATERIAL REQUIREMENT
- What are the challenges in MRP?
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- What are the objectives of MRP?
Ensure the availability of materials, components and products for planned production and for customer delivery
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Plan activities such manufacturing, delivery schedules and purchasing
- Explain the term inventory, capacity and priority in MRP
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- Explain types of MRP systems
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Inventory Status Records
It up to date status of all items, hands on and scheduled receipts from suppliers which includes suppliers lead times as well as production cycle time
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MRP is a production planning and inventory control system. It integrates data from production schedules with that from inventory and the bills of materials to calculate purchasing and shipping schedules for the parts or components required to build a product.