Lecture Principle of inventory and material management - Lecture 8

Lecture 8 - Master Product Scheduling (Revisited). The contents of this chapter include all of the following: Master product scheduling, round cut capacity planning, planning horizons, types of production-planning and control systems, developing MPS, evaluation MPS, planning links to MPS. | Lecture 8 Master Product Scheduling (Revisited) Books Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, ., CFPIM, CIRM, Fleming College, Emeritus, Stephen N. Chapman, ., CFPIM, North Carolina State University, Lloyd M. Clive, ., CFPIM, Fleming College Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005, .: McGraw-Hill/Irwin. Objectives Master product scheduling Round cut capacity planning Planning horizons Types of Production-Planning and Control Systems Developing MPS Evaluation MPS Planning links to MPS Purpose The master production schedule states the requirements for individual end items by date and quantity. It is limited by the production plan and must “disaggregate” the production plan. Master planning seeks to plan and control the impact of independent demand on material and capacity. Purpose The master production schedule is a vital link between sales and production It makes possible valid . | Lecture 8 Master Product Scheduling (Revisited) Books Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, ., CFPIM, CIRM, Fleming College, Emeritus, Stephen N. Chapman, ., CFPIM, North Carolina State University, Lloyd M. Clive, ., CFPIM, Fleming College Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005, .: McGraw-Hill/Irwin. Objectives Master product scheduling Round cut capacity planning Planning horizons Types of Production-Planning and Control Systems Developing MPS Evaluation MPS Planning links to MPS Purpose The master production schedule states the requirements for individual end items by date and quantity. It is limited by the production plan and must “disaggregate” the production plan. Master planning seeks to plan and control the impact of independent demand on material and capacity. Purpose The master production schedule is a vital link between sales and production It makes possible valid order promises It represents a contract between sales and production. 4 Inputs Inputs to the master production schedule include The production plan The forecast Orders from customers Additional independent demand Inventory levels Capacity constraints Objectives The objectives of a master production schedule are to Maintain the desired level of customer service Make the best use of resources Keep inventories at the desired level Preparing an MPS Make a preliminary MPS Perform rough-cut capacity planning Resolve differences Rough-cut Capacity Planning Rough-cut capacity planning checks whether critical resources are available to support the preliminary master schedule. A resource bill shows the time required for individual items on a critical resource. What are some possible critical resources? Resolving Differences The third step in developing an MPS is to resolve any differences between the priority plan and available capacity. Available capacity must be equal to or greater than required

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