Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 8, Problem 46AP
Summary Introduction

Interpretation:

Concept Introduction:All planning/scheduling is carried out for acertain time interval which is termed as the time bucket. This may range from an hour to a day, a week, a month etc. This is to be decided at the time of developing the system. Different time buckets can be/are used for plans/schedules at various levels.

Size of the bucket depends on and affects many parameters.

MRP’s in many manufacturing companies are seen to have a time bucket of a week but it is not the rule.

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