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Wednesday, April 3, 2013

Planning and Control Report

To begin with, as our client firm adopted a strategy of ?manufacturing to stock?, it is very main(prenominal) to for our client smart set to install my firm?s ready reckoner based training and control system. With the help of this computer system, our client firm give the axe avoid excessive raw material stocks, excessive accurate goods stocks and excessive drudgery facilities down-time, consequently achieving the goal of satisfying customers. This computer system names MRP character reference systems and stiff Order Quantity type approach.

My report contains 3 sections: 1. the explanation of what MRP is and how it works; 2. the explanation of what is heady Order Quantity approach and how it works; 3. my recommendation of how and where in our client company to use both the MRP type systems and the Fixed Order Quantity approachContentsSection 1: the explanation of what MRP is and how it works.

MRP type systems comprise MRP-I (Materials Requirements Planning) system and MRP-II (manufacturing resource planning) system. Materials Requirements Planning is a technique utilise to determine the quantity and timing requirements of ?dependent adopt? materials. It possesses the important characteristic that it is at once dependent on the scheduled production of a large component or finished product. ? subject demand? means the demand for an inventory item is directly related to, or derived from the demand of another inventory item.

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The spirit of materials requirements planning technique is to obtain the demand at lour levels as long as it is given a heartbeat of forecast of the total number of customers. It takes as one of its inputs the thrifty of forecast demand for the system?s outputs. It breaks down this demand into its components parts, compares this requirement against existing inventories, and seeks to schedule the parts required against open capacity. The MRP procedure produces a schedule for all component...

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