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Planned Order Releases - MRP System
In an MRP system, if gross requirements exceed the quantity on hand and on order, a net requirement results. Planned orders are created to equal or exceed the net requirements in order to create a balance between supply and demand.
Period
Each period refers to a future time. The time period, or time slot, may be a day, a week or a month. Another name for these time slots is time bucket. The size of the bucket will be discussed later.
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Services and goods that are used for their ultimate end purpose, meeting some human desire orneed. Consumption may include private consumption (by individuals, financed from their
how does pp curve solve the problem of how to produce, what yo produce, and when to produce?
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