MIS 111 Lecture Notes - Lecture 5: Master Production Schedule, Production Planning, Planning Horizon

• School: University of Arizona
• Department: Management Info Systems Main
• Course: MIS 111
• Professor: Mark Patton, William Neumann

Document Summary

Will be concerned where the best supply chains are. Mrp materials requirements planning: a time-phased net requirements for assemblies and parts. Mrp-ii manufacturing resource planning: plan and execute product inventory, people, and facilities. Erp enterprise resource planning: plan and control all business resources needed for orders. Independent demand: is the demand forecasted for finished products, does not depend upon other products. Dependent demand: is the demand derived from finished products, based on the number of items being produced, is calculated by the mrp system. These departments continuously communicate and exchange data with each other. The success of any organization lie"s in effective communication and data exchange within the departments as well as associated third party such as vendors, outsources, and customers. Determines the quantity and timing of material requirements. Mrp uses backward scheduling to determine for each part in inventory: what to order (shortages, when to order (demand) The bom (bill or materials: describes product structure for each item.