Flashcards in Material Requirements Planning Deck (21):
Scheduled receipts on the MRP record
Logical groupings of parts into subassemblies based on the way the product is assembled.
Multiplying the requirements by the usage quantity and recording the appropriate requirements throughout the product tree.
Authorization is given to purchasing to buy the necessary material or manufacturing to make the component
RELEASING AN ORDER
A computer program for maintaining and retrieving bill of material information.
BILL OF MATERIAL PROCESSOR
Gross requirements minus available inventory. (Can be modified to include scheduled receipts.)
Information needed to plan what quantities to order & when to order for timely deliveries (order quantities, lead times, safety stock, and scrap).
A form of multilevel bill of material. It exhibits the highest level parents closest to the left margin, and all the components going into these parents are shown indented toward the right.
The process of placing the exploded requirements in their proper periods based on lead time.
A record of each inventory item showing how much is allocated, and how much is available.
INVENTORY RECORD FILE
The quantity planned to be received at a future date as a result of a planned order release.
PLANNED ORDER RECEIPT
A graphical representation of a bill of material.
The item produced from one or more components.
A display of components that are directly used in a parent item. It shows only the relationships one level down.
SINGLE LEVEL BILL
A listing of all the parents in which a component is used.
All the parts needed to make one complete assembly.
SUMMARIZED PARTS LIST
This is used when companies make more than one product. The balance of components are common to the products.
A row on an MRP table that is derived from planned order receipts by taking the planned receipt quantity and offsetting to the left by the appropriate lead time.
PLANNED ORDER RELEASE
An artificial grouping of components for planning purposes for an average product.
The raw material, part, or subassembly that goes into a higher level assembly, compound, or other item.