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MRP Concepts & Fundamentals
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Description and objective: Introduction to the subject matter. Includes history & definitions of MRP, CRP,MRPII, DRP & ERP. Inputs vs Outputs, positions in the Total Manufacturing systems model, independant demand vs dependant demand, Pegging, BOM explosions, MPS, lot-size techniques, Planning horizons.
Case study exercise (using Batching, Lot sizes and Safety Stock).
Quiz to test understanding. For further information please refer to :- http://www.hilf.co.uk/train01.htm
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