1. Modelling Flashcards

1
Q

Fig. Modell Production Planing (Single-Product)

A
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2
Q

MTS (make-to-stock)

A

the plant production must be able to meet demand directly from stock

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3
Q

MPS (Master Production Schedule)

A

plans the production at the finished product level (packaging level) to meet forecast demand and safety stock

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4
Q

MRP (Material Requirement Planning)

A

system determines when and how much to produce of each intermediate product (mixing and preparation) or raw material over the schedule horizon

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5
Q

Production planning is the planning of:

A
  • acquisition of the resources and raw materials
  • production activities required to transform raw materials into finished products
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