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picture1_Slideshare Management 76172 | Ch12 Mrp Erp V3


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File: Slideshare Management 76172 | Ch12 Mrp Erp V3
learning objectives after this lecture students will be able to 1 describe the inputs outputs and nature of mrp processing 2 explain bill of materials 3 explain time phased product ...

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                                  LEARNING OBJECTIVES
    • After this lecture, students will be able to 
        1. Describe the inputs, outputs, and nature of MRP processing.
        2. Explain bill of materials
        3. Explain time-phased product structure
        4. Describe differences between MRP and ERP
    MIS 373: Basic Operations Management                                             2
                                                                   MRP
    • Material requirements planning (MRP):
        • A computer-based information system that translates 
         master schedule requirements for end items into time-
         phased requirements for subassemblies, components, 
         and raw materials.
        • The MRP is designed to answer three questions:
           1. What is needed?
           2. How much is needed?
           3. When is it needed?
    MIS 373: Basic Operations Management                                   3
                                                   MRP OVERVIEW
 How much and 
 when finished 
 product is desired
 Composition of a 
 finished products
 How much 
 inventory is on 
 hand or on order
    MIS 373: Basic Operations Management                                            4
                                               MRP INPUTS
   • MRP Inputs
       • Master schedule
          • How much and when finished product is desired
       • Bill of Materials (BOM)
          • Composition of a finished products
       • Inventory Records
          • How much inventory is on hand or on order
   MIS 373: Basic Operations Management                             5
                                                        MRP INPUTS:
                                         MASTER SCHEDULE
    • Master schedule: 
        • States: 
             • Which end items are to be produced
             • When these are needed
             • In what quantities (customer orders, 
               forecasts, order from warehouses to 
               build up seasonal inventories).
                                         Weekly Quantity
             Item X       11    12    13     14    15    16    17     18
             Quantity                       100                      150
    MIS 373: Basic Operations Management                                           6
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...Learning objectives after this lecture students will be able to describe the inputs outputs and nature of mrp processing explain bill materials time phased product structure differences between erp mis basic operations management material requirements planning a computer based information system that translates master schedule for end items into subassemblies components raw is designed answer three questions what needed how much when it overview finished desired composition products inventory on hand or order bom records states which are produced these in quantities customer orders forecasts from warehouses build up seasonal inventories weekly quantity item x...

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