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Table 13.4
Consider the MPS, BOM and inventory data shown below. Master Production Schedule: the following table shows the MPS start quantities.
Week
Bill of Material
-Item A uses 1 each of component D, 2 each of component C and 2 each of subassembly B.
-Subassembly B uses 1 each of component D.
Selected Inventory Data Item
-Use the information in Table 13.4. When does the first planned order release for item C occur?
Product Strategy
The approach a company takes to develop and market products, defining what products will be offered, to whom, and how.
Pareto Charts
A graphical tool used for quality control and decision-making that represents the frequency or impact of problems or causes in a process, highlighting the most significant factors.
Benchmarking
The practice of comparing business processes and performance metrics to industry bests or best practices from other companies.
Just-In-Time
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs through timely procurement and shipment.
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