Chapter 14 Terms Flashcards

1
Q

Materials requirement planning

A

planning system used to ensure the right quantities of materials are available when needed

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2
Q

Master production schedule

A

quantities of each finished product to be completed each period

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3
Q

Time bucket

A

individual time period for planning

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4
Q

Planning horizon

A

entire time period covered by the MPS

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5
Q

Cumulative lead time

A

the longest lead-time path in the overall assembly of the product

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6
Q

Available to promise

A

the part of planned production that is not committed to a customer

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7
Q

Rough-cut capacity planning

A

estimation of the availability of the critical resources needed to support the MPS

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8
Q

Bill of Materials (BOM)

A

detailed description of an “end item” and list of all of its raw materials, parts and subassemblies

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9
Q

Infinite loading

A

the assumption (by MRP) that there is an infinite amount of capacity available

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10
Q

Capacity requirement planning

A

an estimate of capacity needed at work centers (if MRP has the capacity to do it)

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11
Q

Load profile

A

comparison of production needs to actual capacity

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