Material Requirements Planning Flashcards
Scheduled receipts on the MRP record
OPEN ORDERS
Logical groupings of parts into subassemblies based on the way the product is assembled.
MULTILEVEL BILL
Multiplying the requirements by the usage quantity and recording the appropriate requirements throughout the product tree.
EXPLODING
Authorization is given to purchasing to buy the necessary material or manufacturing to make the component
RELEASING AN ORDER
A computer program for maintaining and retrieving bill of material information.
BILL OF MATERIAL PROCESSOR
Gross requirements minus available inventory. (Can be modified to include scheduled receipts.)
NET REQUIREMENTS
Information needed to plan what quantities to order & when to order for timely deliveries (order quantities, lead times, safety stock, and scrap).
PLANNING FACTORS
A form of multilevel bill of material. It exhibits the highest level parents closest to the left margin, and all the components going into these parents are shown indented toward the right.
INDENTED BILL
The process of placing the exploded requirements in their proper periods based on lead time.
OFFSETTING
A record of each inventory item showing how much is allocated, and how much is available.
INVENTORY RECORD FILE
The quantity planned to be received at a future date as a result of a planned order release.
PLANNED ORDER RECEIPT
A graphical representation of a bill of material.
PRODUCT TREE
The item produced from one or more components.
PARENT
A display of components that are directly used in a parent item. It shows only the relationships one level down.
SINGLE LEVEL BILL
A listing of all the parents in which a component is used.
WHERE-USED REPORT
