ch8 Flashcards
(33 cards)
material planning
objective is to balance supply and demand. answers what how and when to produce supply
material planning
objective:balance supply and demand
procurement types
1-in house (production)
2-external (procurement)
3-both
4-none
3 MRP types
1-consumption based planning
2-materials requirements planning (MRP)
3-materials production scheduling (MPS)
consumption based planning
plan out requirements using historical data
reorder point planning
two numbers: reorder point and safety stock
difference between ROP and safety stock used during replenishment lead time
MPS
-usually used for more critical or valuable products, only calculate needs for first level BOM items
lot size key
helps determine what lot size needed.
1-fixed lot size
2-lot for lot
3-replenishment up to maximum stock level
lot size
value that prevents companies from ordering in non economic quantities
lot for lot
order exact quantity that you need/is missing
fixed lot size
use lot size found in material master. ex: pallet size
replensihment up to max level
pretty much order max level at top of the triangle
scheduling times
time needed to procure necessary materials
1-in house production time
2-planned deliv time(mail shipping time)
3-goods receipt(unpack boxes)
in house production times
1-setup
2-processing
3-interoperation
planning time fence
prevents ERP system from programmed automatic changesq
BOM selection method
determine which BOM (if there are multiple for one product) to use
availibility check
determines whether a material will be availible on a certain date
most common availibility check
available to promise (ATP)
strategy group
very high level production strategy
make to stock
assemble everything to stock units
make to order
dell strategy.
assemble to order
planning without final assembly
product groups
products with similar planning or manufacturing processes
3 tools for material process planning reporting
1-stock/requirement list
2-MRP list
3-planning result report
