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 8.5, Problem 30P
Summary Introduction

Interpretation:The factors favorable/unfavorable to the success of an MRP system are to be discussed.

Concept Introduction: MRP (material Resource Planning) issoftware based system encompassing the production planning, scheduling, and inventory control sub processes of the manufacturing operations.MRP is a very powerful system but is based upon availability of accurate data on various parameters. The system plans for production schedules, availability of raw materials and part supplies with the objective of meeting delivery schedules with minimum total inventory.

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