What is utility of materials requirement planning, Operation Management

Assignment Help:

What is utility of materials requirement planning second to manufacturing operations?

It is evolved by MRP-I. A system which incorporates not only material needs, but all manufacturing resources as like various labour types, machine types and another manufacturing resource needed for the type and number of products involved. This could even produce the budgeted cost for every batch or unit of product involved aiding effective production control, planning and cash-flow management. A helpful capability is to answer "what-when" questions.


Related Discussions:- What is utility of materials requirement planning

Assess the vital of completing post-project reviews, Assess the importance ...

Assess the importance of completing post-project reviews, and determine what project documentation must be updated as the result of the review meeting. Discuss the risks associated

Explain diversity practices of your organization, Analyze the diversity pra...

Analyze the diversity practices of your organization to determine if it is engaged in surface-level or deep-level diversity. Provide specific examples to support your response

Why disney did incorrectly from the day it opened its door, Business Case D...

Business Case Disneyland resort Paris: mickey goes to Europe I am confused about this case. These are the questions my teacher assigned for it. 1) What Disney did incorrectly

Sffdfd, Why mary parker follett ideas tended to be popular

Why mary parker follett ideas tended to be popular

Illustrate performance dimensions for operational strategy, Illustrate the ...

Illustrate the performance dimensions for operational strategy? Performance dimensions for operational strategy: • Quality for illustrations Marks and Spencer, Thornton’s,

Explain what is risk, What is risk? How does risk differ from uncertainty? ...

What is risk? How does risk differ from uncertainty? How does it impact a business?

Describe supervisor can avoid rote, How can supervisors avoid receiving "ca...

How can supervisors avoid receiving "canned" or rote answers to interview questions? This question is about the Supervisor

What are the demand management strategies, What are the demand management s...

What are the demand management strategies? Demand management strategies: It is aims to affect customer demand levels at exact times, so as to match demand closer to the o

Explain purposes of performance management, 1) Which purposes of performanc...

1) Which purposes of performance management did the appraisals described in this case fulfil? Which purposes did they not fulfil? 2) How can managers and HR departments minimize th

Explain what is the critical path, Shirley Hopkins is developing a problem ...

Shirley Hopkins is developing a problem in leadership training for middle-level managers. Shirley has listed a number of activities that must be completed before a training program

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd