Ch 14 - Resource Planning Flashcards
(29 cards)
enterprise resource planning (ERP)
large, sophisticated software systems used for identifying and planning the enterprise-wide resources needed to coordinate all activities in producing and delivering products
SCM software
designed to improve decision making in the supply chain
supply chain intelligence (SCI)
enables strategic decision making along the supply chain
application service provider (ASP)
Sets up & runs ERP systems
closed-loop MRP
an MRP system that includes production planning, master production scheduling, and capacity requirements planning
manufacturing resource planning (MRP II)
a method for the effective planning and integration of all internal resources
material requirements planning (MRP)
a system that uses the MPS, inventory record data, & BOM to calculate material requirements
backward scheduling
starts with the due date for an order and works backward to determine the start date for each activity
capacity requirements planning (CRP)
determines the labor and machine resources needed to fill the open and planned orders generated by the MRP
bill of material (BOM)
independent demand
the demand for an item is unrelated to the demand for other items
dependent demand
the demand for component parts is based on the number of end items being produced
time-phased
expressing future demand, supply, and inventories by time period
gross requirements
the total-period demand for an item
planning factors
factors include the lot size rule, replenishment lead times, and safety stock requirements
lead time
the span of time needed to perform an activity or series of activities
scheduled receipts
an open order that has an assigned due date
projected available
the inventory balance projected into the future
planned orders
suggested order quantities, release dates, and due dates created by an MRP system
indented bill of materials
Shows the highest-level “parents” closest to the left margin and the “children” indented toward the right; subsequent levels are indented farther to the right
product structure tree
the visual representation of the BOM, clearly defining the parent-child relationships
end item
a product sold as a completed item or repair part
parent item
an item produced from one or more children (components)
components
raw materials, purchased items, or subassemblies that are part of a larger assembly
