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Chapter Exam

Food Remedies For IBS (4)

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How Are Wages Determined By The Marginal Productivity Of Labor (7)

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5. Material Requirements Planning

Material Requirements Planning (MRP) is a material planning methodology developed in the 1970's making use of computer technology. The main features of MRP are the creation of material requirements via exploding the bills of material, and time-phasing of requirements using posted average lead times.

III. Detailed Scheduling & Planning

1.1 Basics of Inventory
1.2 Inventory Planning

2.1 Identifying Information Used in Material Planning
2.2 MRP Mechanics
2.3 MRP O/P & Managing Projects

3.1 Detailed Capacity Planning
3.2 Detailed Capacity Management


For a MTS product group the difference bet’n a supply & demand results in a change of inventory. For a MTS product group the difference bet’n supply demand results in change in backlog.

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