CHAPTER 16
Resources Planning
CRITICAL QUESTIONS
After going through this chapter, you will be able to answer the following questions:
- Why is it important to adopt a different planning methodology for inventory control of dependent demand items?
- What are the basic building blocks of the materials planning methodology?
- What are the steps involved in the materials requirement planning (MRP) methodology?
- How is capacity planning done in organizations and what is its relationship with MRP?
- What is the relationship between MRP and modern-day enterprise resources planning (ERP) systems?
Two types of inventories exist in an operating system—operating inventory and distribution inventory. Operating inventory includes all the resources that are ...
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