M3-A: Manage suoply

Question 1

What does it mean when in a components in a BOM does not have an assigned used quantity?

Answer 1

That it cannot estimated at priori the quantity that will be used and the expense will be accounted as overheads

Question 2

What is overplanning?

Answer 2

intentionally plan for higher than MPS quantities to allow safety stocks to match with demand variability

Question 3

What is the action bucket in MRP?

Answer 3

The current time period where actions on order releases must be taken upon MRP suggestions

Question 4

what is the minimum MRP planning horizon?

Answer 4

The product cumulative lead time

Question 5

what is one of the biggest MRP assumption
about lead times?

Answer 5

full child components availability at the time of parent component order release, that means that MRP accounted lead times only equals the parent component processing lead time without delays

Question 6

What it the Projected available in MRP?

Answer 6

is the projected available inventory for the item at the end of the referenced time period. This a projected available of 100 at t=tmeans that 100units will be available for customer orders fulfillment at t= t+1

Question 7

what are the MRP inputs?

Answer 7

• MPS requirements
• BOM
• Item master file (Lead time, Batch size)
• Inventory status logs file (on hand, on order allocations,..)

Question 8

What triggers MRP Offsetting?

Answer 8

the presence of a Net Requirement as the result of projected available depletion due by gross customer order requirement for that period