Summary
Contents
Subject index
The Sage Course Companion on Operations Management is an accessible introduction to the subject that will help readers to extend their understanding of key concepts and enhance their thinking skills in line with course requirements. It provides support on how to revise for exams and prepare for and write assessed pieces. Readers are encouraged not only to think like an operations manager but also to think about the subject critically.
Enterprise Resource Planning (ERP)
Enterprise Resource Planning (ERP)
ERP is derived from Materials Requirements Planning (MRP) Systems, so we will examine MRP first.
Materials Requirements Planning (MRP)
Materials Requirements Planning (MRP) is an information system used to calculate the requirements for component materials needed to produce end items. These components have what is called ‘dependent demand’. A dependent demand item has a demand which is relatively predictable because it is dependent on other factors. Each component of the MRP system is now described.
Master Production Schedule (MPS)
An ideal Master Production Schedule (MPS) is one which most efficiently uses an organisation's capacity while being able to meet customer due-dates. The master schedule provides a plan for quantity and timing when orders are required. The MRP system will use this information ...
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