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Operations Management: Sustainability and Supply Chain Management, Twelfth Edition
book

Operations Management: Sustainability and Supply Chain Management, Twelfth Edition

by Jay Heizer, Barry Render, Chuck Munson
February 2016
Intermediate to advanced content levelIntermediate to advanced
480 pages
219h 58m
English
Pearson
Content preview from Operations Management: Sustainability and Supply Chain Management, Twelfth Edition

Dependent Inventory Model Requirements

Effective use of dependent inventory models requires that the operations manager know the following:

  1. Master production schedule (what is to be made and when)

  2. Specifications or bill of material (materials and parts required to make the product)

  3. Inventory availability (what is in stock)

  4. Purchase orders outstanding (what is on order, also called expected receipts)

  5. Lead times (how long it takes to get various components)

We now discuss each of these requirements in the context of material requirements planning.

Figure 14.1 The Planning Process

Master Production Schedule

A master production schedule (MPS) ...

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Publisher Resources

ISBN: 9780134422404