Questions and Answers
timetable that specifies what is to be made and when
a time-phased stock replenishment plan for all levels of a distribution network
supply chain management systems in the grocery industry that tie sales to buying, to inventory, to logistics, and to production
a listing of the components, their description, and the quantity of each required to make one unit of a product
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a dependent demand technique that uses a bill-of-material, inventory, expected receipts, and a master production schedule to determine material requirements
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BOM for components; usually usually subassemblies, that exist only temporarily; never inventoried
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a lot-sizing technique that issues orders on a predetermined time interval with an order quantity equal to all of the interval’s requirements
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In keeping with the definition of closed-loop MRP, feedback about workload is obtained from each work center.
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material groupings created in order to assign an artificial parent to a BOM, also called “pseudo bills
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