MRP Discussion by Pegah Khoshnevis https://padlet.com/khoshnevispegah/39acwjncfvrt0f68 en-us 2021-04-18 13:15:54 UTC 2021-04-19 08:48:39 UTC hello@padlet.com https://padlet.net/icons/png/1f469-1f3eb.png Q1. “MRP just prepares shopping lists. It does not do the shopping or cook the dinner.” Comment. khoshnevispegah https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1429880529 2021-04-18 13:18:46 UTC https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1429880529 Q2. Many practitioners currently update MRP weekly or biweekly. Would it be more valuable if it were updated daily? Discuss. khoshnevispegah https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1429880816 2021-04-18 13:19:01 UTC https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1429880816 Q3. Should safety stock be necessary in an MRP system with dependent demand? If so, why? If not, why do firms carry it anyway? khoshnevispegah https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1429881865 2021-04-18 13:19:38 UTC https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1429881865 Group 2 Q1 https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432064029 MRP is a tool that is used to understand what components are required to produce the final product. It can be compared to someone reading a recipe and noting down the ingredients required to make the final product.

]]> 2021-04-19 08:23:59 UTC https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432064029 Group 2 Q2 https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432073755 MRP works most efficiently in industries with batch work and assembly line production, therefore checking their standards everyday will give the impression that they have a high-quality product and they’re focused on maintaining standards. This can have a positive affect on the output and moral of the workforce.

]]> 2021-04-19 08:27:26 UTC https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432073755 Group 2 - Q3 https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432089406 Yes, it is important to have stocks as if they are emergencies business can still manage the business. Also, even if there is delayed deliveries of stock, they can also manage with the stock. ]]> 2021-04-19 08:32:43 UTC https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432089406 Group 2 Q3 https://padlet.com/khoshnevispegah/39acwjncfvrt0f68/wish/1432091238 Using the MRP system will help maintain standards. However, the removal of the safety stock will put more pressure on the workers and could cause mistakes. I believe most firms carry the safety stock to ensure if there is a mistake, they have a small amount of down time or time not producing as the less produced increases the cost per unit.

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