Production Planning and Control Ferry C. Pascual‚ Alden D. Malaca‚ Crisanto R. Narsing Jr. I. Rationale Production planning and control is a tool available to the management to achieve the stated objectives. Thus‚ a production system is encompassed by the four factors. i.e.‚ quantity‚ quality‚ cost and time. Production planning starts with the analysis of the given data‚ i.e.‚ demand for products‚ delivery schedule etc.‚ and on the basis of the information available‚ a scheme of utilisation
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Executive MBA ERP 405 (D) Assignments Q.1 Write Short Notes on the following: 1) Evolution of ERP_MRP and MRP II Enterprise Resource Planning (ERP) connects - networks internal and external management information across an entire organization‚ organizing different functions like finance/accounting‚ manufacturing‚ marketing‚ sales and service‚ etc. ERP systems automate this activity with an integrated software System that integrates different nooks & corners of
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EMBED YOUR DATA INTO THE DELIVERABLE DOCUMENT YOUR PROFESSOR HAS PROVIDED FOR YOU. a. Basic Data 1 – Material Description ___Pump PRECISION 100___ b. Material Type - ____FERT_______ (hint – use the info button ) i. Under the MRP Procedure fields‚ record the value for the MRP Type field ___PD____. View F1 help for a definition of this field. j. Under the Lot Size Data fields‚ record the value for the lot size _EX__. View F1 help for a definition of this field. l. Under the Procurement fields‚
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between the manufacturer and the customer. ERP systems provide the “shared data” which is needed to support these exchanges of data. 2. Many people argue that MRP is a precursor to ERP‚ and that ERP systems were designed to integrate MRP systems with financial and accounting systems. a. Given the interrelationship between MRP and ERP‚ does it make sense for a non-manufacturing company to adopt an ERP system? A non-manufacturing company can benefit from the integration of ERP modules
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is Gold”‚ Abstractmind‚ viewed 9 December 2010‚ http://abstractmind.i.ph/blogs/abstractmind/2008/02/04/time-is-gold/ 10. Trendset information system‚ viewed 9 December 2010‚ http://www.trendsetinc.com/freight-payment/news.html 11. Wilhite T‚ 2010‚ “MRP vs ERP systems‚ Ehow‚ http://www.ehow.com/about_6535613_mrp-_amp_-erp-systems.html
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1. Which of the following best describes the strategic importance of short-term scheduling? A) Effective scheduling‚ through lower costs‚ faster delivery‚ and more dependable schedules‚ can provide a competitive advantage. B) Effective scheduling is a tactical tool for increasing demand to meet production. C) Forward scheduling looks to future demand levels in order to increase customer satisfaction. D) Aggregate planning is a tactical action‚ but short-term scheduling is strategic because of
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Sean Herold Week 4 Apple Outline ISCOM/471 Valorie Howard 05/28/2012 Apple Forecasting‚ Budgets‚ &MRP A. Forecasting Technique I. Time Series Analysis A) Trend Projections-Fits a mathematical trend line to the data points and projects it into the future. B) Apple forecasting – Company is progressively stronger over past 10 years C) Current market demand requires trend forecasting B. Budgets
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Global Exam review 1. Describe how technology has automated business processes during the three economic eras of US history as we evolve into a globalized economy. Specifically‚ discuss the impact of technology on labor‚ productivity‚ and marketplace. We become innovative out of necessity. When we are miserable enough; we create new ways of doing things. We innovate. * Agrarian Society: Examples 1800 – 1870 Local Economy During the agricultural age up to 80% of the population
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system is connected to your PAC vendor system Question 5. 5. (TCO 6) When linking marketing requirements and manufacturing strategy‚ what design approaches for shop floor system should be considered? (Points : 5) JIT and Lean MRP and PAC MRP and JIT Lean and SPC Question 6. 6. (TCO 9) TOC files typically do not include _____ as part of the resource descriptions. (Points : 5) customer orders minimum batch sizes labor constraints due dates
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Question No. 1 P: 219 Explain the difference between short run and long run production function; cite one example of this difference in a business situation. The short run production function shows the maximum quantity of a good or service that can be produced by a set of inputs‚ assuming the amount of at least one of the inputs used remains unchanged. While a long run production function shows the maximum quantity of a good or service that can be produced by a set of inputs‚ assuming the
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