Question: MRP is more than an inventory system what additional capabiliti
MRP is more than an inventory system: what additional capabilities does MRP possess?
Answer to relevant QuestionsWhat are the options for the production planner who has:(a) Scheduled more than capacity in a work center next week?(b) A consistent lack of capacity in that work center?What are the typical benefits of ERP?You are expected to have the gift bags in Problem ready at 5 P.M. However, you need to personalize the items (monogrammed pens, note pads, literature from the printer, etc.). The lead time is 1 hour to assemble 200 Js once ...(a) Given the product structure and master production schedule (Figure 14.14 below), develop a gross requirements plan for all items.(b) Given the preceding product structure, master production schedule, and inventory status ...Develop a PPB solution and calculate total relevant costs for the data in the preceding table.*Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory =40.
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