01:198:170 Lecture Notes - Lecture 3: Master Production Schedule, Material Requirements Planning, Manufacturing Resource Planning

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01:198:170 Full Course Notes
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01:198:170 Full Course Notes
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Document Summary

Supply chain planning- what is the best way to complete the demand plan, Figure out long term plans short term plans. Long range planning (aggregate)- major equipment purposes, construction, etc. Aggregate production plan- app; executive level decisions. Intermediate range planning- shows quantity and timing of end items. Short range planning- detailed planning process for parts and components. Materials requirement planning- mpr; planners, first line supervisors. Calculates exact quantities, dates, release dates for parts to create a final product. Disadvantage: loss of visibility for products w/ a complex bill of materials (bom) Closed loop mrp- system that gives feedback on finished items. Info goes back to the top analyze adjust. Manufacturing resource planning (mrp ii)- computer system creates production schedules using real time data. Enterprise requirements planning-determines if need to replenish amount of finished products at warehouses. Sales and operations planning (s&op): process that brings together supply and demand plans.

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