Chapter 17 "Inventory systems for dependent demand", after studying this chapter you will be able to: Explain the changing role of materials requirements planning (MRP) within a manufacturing organization, discuss the role of MRP within an enterprise resource planning (ERP) system, introduce the fundamental concepts and calculations that drive an MRP system,. | F O U R T H E D I T I O N Inventory Systems for Dependent Demand © The McGraw-Hill Companies, Inc., 2003 chapter 17 DAVIS AQUILANO CHASE PowerPoint Presentation by Charlie Cook Chapter Objectives Explain the changing role of materials requirements planning (MRP) within a manufacturing organization. Discuss the role of MRP within an enterprise resource planning (ERP) system. Introduce the fundamental concepts and calculations that drive an MRP system. Define the various elements that make up an MRP system. Demonstrate how MRP-related systems are used in service operations. © The McGraw-Hill Companies, Inc., 2003 17– Chapter Objectives (cont’d) Recognize that MRP and JIT can be used together within an organization. © The McGraw-Hill Companies, Inc., 2003 17– Master Production Schedule Master Production Schedule (MPS) A time-phased production plan that specifies how many of, and when to build, each end item. Material Requirements Planning Determines the number of subassemblies, components, and raw materials required and their build dates to complete a given number of end products by a specific date. © The McGraw-Hill Companies, Inc., 2003 17– The Role of MRP within the Manufacturing Function Exhibit © The McGraw-Hill Companies, Inc., 2003 17– The Role of MRP within an ERP System Exhibit © The McGraw-Hill Companies, Inc., 2003 17– Master Production Schedule Time Fences Periods of time with each period having some specified level of opportunity for the customer to make changes. Frozen Make no or only insignificant changes to products. Moderately firm Allow some changes in specific products. Flexible Allow almost any variation in products. © The McGraw-Hill Companies, Inc., 2003 17– Integrating MRP and JIT into the Supply Chain Exhibit © The McGraw-Hill Companies, Inc., 2003 17– Master Production Schedule Time Fences Exhibit © The McGraw-Hill Companies, Inc., 2003 17– Material Requirements Planning (MRP) Systems . | F O U R T H E D I T I O N Inventory Systems for Dependent Demand © The McGraw-Hill Companies, Inc., 2003 chapter 17 DAVIS AQUILANO CHASE PowerPoint Presentation by Charlie Cook Chapter Objectives Explain the changing role of materials requirements planning (MRP) within a manufacturing organization. Discuss the role of MRP within an enterprise resource planning (ERP) system. Introduce the fundamental concepts and calculations that drive an MRP system. Define the various elements that make up an MRP system. Demonstrate how MRP-related systems are used in service operations. © The McGraw-Hill Companies, Inc., 2003 17– Chapter Objectives (cont’d) Recognize that MRP and JIT can be used together within an organization. © The McGraw-Hill Companies, Inc., 2003 17– Master Production Schedule Master Production Schedule (MPS) A time-phased production plan that specifies how many of, and when to build, each end item. Material Requirements Planning Determines the number of subassemblies, .
