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

Compute the service to club members as well as casual flyers, Evaluate the ...

Evaluate the service to club members and casual flyers by completing a table similar to table 3.1 (see page 70 Operations Management 6xth Edition Nigel Slack)

Explain appraising and compensating subordinates, Do you believe that manag...

Do you believe that managers should be given more autonomy to make personnel decisions such as hiring, appraising, and compensating subordinates, or do you believe that managers sh

A food manufacturer wants to know facts to buy organic foods, Which type re...

Which type research design - exploratory, descriptive, or casual - is appropriate for the following examples? Explain why? A food manufacturer wants to know the demographics of peo

Explain expected profit function to be maximized, A foundry receives an ord...

A foundry receives an order for specialty castings. Cost of producing each casting is estimated to be $15,000. The customer requires that exactly 4 good castings be supplied. The c

Explain detail the five measures that unions, Detail the five measures that...

Detail the five measures that unions have taken in the collective bargaining process to introduce provisions that would protect employees displaced or laid off due to technology ch

How manage the laz-skan development project, Base on the case study; United...

Base on the case study; United Photonics Malaysia Sdn Bhd Who do you think should manage the Laz-skan Development Project?

Explain inadequate parking, The Manchester United Soccer Tournament project...

The Manchester United Soccer Tournament project team (refer to the Manchester United Soccer club case study in chapter 4 of the text) has identified the following potential risks t

Explain effective project chartering process, Effective project chartering ...

Effective project chartering process contains multiple project types and projects laid out on a month to month basis.

Defend your choice and discuss the strategy, Pick a product that you believ...

Pick a product that you believe would be beneficial for line extension. Justify your choice and discuss the strategy you would adopt for the new product

Fixed position layout - process design, Fixed-position layout This co...

Fixed-position layout This configuration is typically used for low-volume, project-type operations where the product being produced is massive, and movement of the material f

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