MATERIAL RESOURCE PLANNING

Question 1

Major Input Source to function effectively:

Answer 1

1. Master Production Schedule (MPS)
2. Inventory Status File (ISF)
3. Bill of Materials (BOM)

Question 2

Master Production Schedule (MPS)

Answer 2

▪ What products are to be made?
▪ How many units are needed?
▪ When should each product be completed?

Question 3

Inventory Status File

Answer 3

▪ What materials are already in stock?
▪ What materials are on order?
▪ How long does it take to get new stock (lead
time)?

Question 4

MRP Outputs

Answer 4

1. Order Release
2. Material Plan
3. Planned Orders

Question 5

Fundamental Concept of MRP

Answer 5

▪ Independent demand
▪ Dependent demand

Question 6

Elements of Manufacturing Resource Planning

Answer 6

1. Feedback
2. Schedule of resources
3. Batching Guidelines
4. software extension programs
5. labor capacity planning

Question 7

Some systems used by companies include:

Answer 7

▪ IQMS manufacturing erp
▪ Fish bowl
▪ Factory edge
▪ Prodsmart
▪ Abas
▪ Oracle netsuite manufacturing edition
▪ Epicor
▪ S2k on cloud enterprise

Question 8

Types of ERP (in MRP)

Answer 8

1. On-premise ERP
2. Cloud ERP
3. Industry-Specific Enterprise Planning
4. Open-Source Enterprise Planning
5. Small Business Enterprise Planning

Question 9

Benefits of MRP and MRP II

Answer 9

▪ Inventory control
▪ Purchasing planning
▪ Production planning
▪ Work scheduling
▪ Improved customer service

Question 10

Limitations of MRP

Answer 10

▪ Requires accurate data
▪ Limited flexibility
▪ Capacity issues
▪ Costly and complex to implement
▪ Not ideal for all manufactures

Question 11

Advantages of MRP

Answer 11

▪ Maintains minimum inventory levels
▪ Reduces associated costs
▪ Simplifies material tracking
▪ Optimizes capacity utilization

Question 12

Disadvantages of MRP

Answer 12

▪ Dependency on Input accuracy
▪ Requires robust database maintenance
▪ Needs proper user training
▪ High investment requirements