Material Requirements Planning (MRP), a system widely used manufacturing firms to maintain optimal flow of materials to achieve the best production results. With the help of MRP, the firm can prepare a plan of production, which determines the number of nodes that are part of the final products, together with a precise chronology of the deployment to the end. This case examines how the adoption of Sunita Menon MRP system for CAT-corporations (A-CAT) improved production planning.
To one unit of the main product of a cat, P0110, p0x requires two units and two units P0Y addition, each device needs p0x two types of sections: four units of P1X1 and P1X2 three units. The case is considered in the intricacies of procurement, storage and processing overhead of different components of the material to critically evaluate different methods in practice. The use of case scenarios, the case is lot-sizing techniques - including many for many, economic order quantity, at a minimum total cost and unit cost of the least -. To balance the costs, such as setting up costs, ordering costs and inventory-holding costs "Hide
by Jitendra R. Sharma, Tinu Agrawal Source: Richard Ivey School of Business Foundation 5 pages. Publication date: April 11, 2012. Prod. #: W12868-PDF-ENG