Week 7. Operation management for competition advantage

Week 7
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Week 7
I agree with this statement, according to the books, “Operations Management for Competitive Advantage.” Material requirement planning is an approach that entails the calculation of the number of materials necessary for production. The primary objective of the material requirement planning is to ensure that there adequate raw materials until the end of the production line. According to the book of Jacobs and Chase, material requirement planning has a set of techniques that uses the master schedule to determine requirements for materials (Jacobs & Chase, 2018). Material requirement planning uses a master schedule to drive a number of assemblies. From this, one develops a chart of these requirements and the timing of the order needed. MRP collects information concerning the release of order requirements, rescheduling of order, and orders planned from the inputs.
The master production schedule is a group of quantities for every produ...