named A and B. Each A is made from I. Resource Planning (20 Points): Oh No! Inc.
ID: 371349 • Letter: N
Question
named A and B. Each A is made from I. Resource Planning (20 Points): Oh No! Inc., sells two end-products, IC and 1E; each B requires 1D and 2E. Each C is made from 2D. The Master Production Schedule calls for the following production start quantities: A: 25 units of A in week 4 and 50 units in week 6. B: 25 units of B in week 3, 50 units in week 5, and 25 units in week 6. Selected Inventory Data: Lead Time Scheduled Receipts Safety Stock Item Lot Size FOP, P = 3 L4L F0Q-75 Hand 10 30 75 in period 1 75 in period 1 10 2 2 Production of electronic Item D has been experiencing quality problems and, on average, 5% of each order is defective and must be scrapped. (This yield loss is either 4%, or 5%, or 6%, with each being equally likely and occurring with probability 1/3.) 1. (15 points) Construct the MRP tables for items C, D, and E using the preceding information. (For an expansion of the acronyms used in the tables below see the MRP Assignment.) Item Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 GR SR POHE PR POR
Explanation / Answer
material resource planning is a process where it considers the all inputs required to produce a given quantity of output in a given set of conditions. in this process the inputs and their inventory will be decided based on the market demand and the output of the firm. it includes the planning of raw mateiral, processing them into work, finishing the work and send it into inventory. it is concerned with both production scheduling and inventory control. It is a material control system that attempts to keep adequate inventory levels to assure that required materials are available when needed.
this planning is based on dependent demand only, based on the market demand and based on the available information only they plans to produce output. they wont relay on independent demand.
material resource or requirment planning says about the availability of inputs and the outputs.
where as ERP says about the technical implementation of process of work- and Enterprise resource planning (ERP) is business-management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities, including: product planning, cost. manufacturing or service delivery. marketing and sales.
supply chain management says about the delivering the end product to the ultimate customer at the right time. because the product may be produced in one place, but the customers will be at different locations. so, supply chain management says about a better reach of end product from producer to the consumer.
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