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Lesson 7: Resource Planning
Description
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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lesson 7: resource planning
operations management
operations management
lesson 7: resource planning
mba
Mind Map by
peru.fourie
, updated more than 1 year ago
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peru.fourie
about 11 years ago
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Resource summary
Lesson 7: Resource Planning
Holding Inventory
Reasons
Costs/problems
Types
Cycle
Pipeline
Anticipation
Inv Management Decisions
Purchasing Env
Ind Demand
Dep Demand
Purchhasing quanity
COP
SHC
EOQ
EBQ
Order Timing
ROP
MRP
MRP
ROP vs MRP
MRP1 & MRP2
MRP1
Master Production Schedule
Bills of Materials
Inventory Records file (3)
How MRP works
4 Variables
MRP Explosion
Lot Sizing
ERP
Deterministic
ROP/MRP?
3 Inv Categories
HV Items
MV Items
LV Items
MRP Suitable (6)
Customer orders can be used to drive the MRP
Forcesats = reasonably accurate
Products - low moderate complexity
Volumes - medium-high
IT systems accurate & timely
Good stock control discipline
Basic Planning & Control Calculations
Forward/backward Scheduling
Sch = Complicated
Sequencing Rules
Customer Priority
By due date
LIFO
FIFO
LJB
SJF
ROP Systems
Two-bin
Strenght
Weakness
Periodic Review System
Benefits (MRP)
Reasons for failure (5)
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