LESSON 21: MATERIAL REQUIREMENTS PLANNING Outline Hierarchy of Production Decisions MRP and its importance Input and Output of an MRP system MRP Calculation Lot Sizing Lot…
* Forecasting: First, a firm must forecast demand for aggregate sales over the planning horizon. Aggregate planning: The forecasts provide inputs for determining aggregate…
LESSON 8: MATERIAL REQUIREMENTS PLANNING Outline Hierarchy of Production Decisions MRP and its importance Input and Output of an MRP system MRP Calculation Lot Sizing Lot…