Lesson 7: Resource Planning

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MBA Operations Management (Lesson 7: Resource Planning) Mind Map on Lesson 7: Resource Planning, created by peru.fourie on 23/10/2013.
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Mind Map by peru.fourie, updated more than 1 year ago
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Created by peru.fourie over 10 years ago
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Resource summary

Lesson 7: Resource Planning
  1. Holding Inventory
    1. Reasons
      1. Costs/problems
        1. Types
          1. Cycle
            1. Pipeline
              1. Anticipation
            2. Inv Management Decisions
              1. Purchasing Env
                1. Ind Demand
                  1. Dep Demand
                  2. Purchhasing quanity
                    1. COP
                      1. SHC
                        1. EOQ
                          1. EBQ
                          2. Order Timing
                            1. ROP
                              1. MRP
                            2. MRP
                              1. ROP vs MRP
                                1. MRP1 & MRP2
                                  1. MRP1
                                    1. Master Production Schedule
                                      1. Bills of Materials
                                        1. Inventory Records file (3)
                                        2. How MRP works
                                          1. 4 Variables
                                            1. MRP Explosion
                                              1. Lot Sizing
                                              2. ERP
                                                1. Deterministic
                                                2. ROP/MRP?
                                                  1. 3 Inv Categories
                                                    1. HV Items
                                                      1. MV Items
                                                        1. LV Items
                                                        2. MRP Suitable (6)
                                                          1. Customer orders can be used to drive the MRP
                                                            1. Forcesats = reasonably accurate
                                                              1. Products - low moderate complexity
                                                                1. Volumes - medium-high
                                                                  1. IT systems accurate & timely
                                                                    1. Good stock control discipline
                                                                  2. Basic Planning & Control Calculations
                                                                    1. Forward/backward Scheduling
                                                                      1. Sch = Complicated
                                                                        1. Sequencing Rules
                                                                          1. Customer Priority
                                                                            1. By due date
                                                                              1. LIFO
                                                                                1. FIFO
                                                                                  1. LJB
                                                                                    1. SJF
                                                                                    2. ROP Systems
                                                                                      1. Two-bin
                                                                                        1. Strenght
                                                                                          1. Weakness
                                                                                            1. Periodic Review System
                                                                                            2. Benefits (MRP)
                                                                                              1. Reasons for failure (5)
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