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Keego Enterprises manufactures two products, boat wax (B) and car wax (C) , in two departments, Mixing and Packaging. The Mixing Department (M) has 800 hours per month available while the Packaging Department (P) has 1,200 hours per month available. Production of the two products cannot exceed 36,000 pounds. Data on the two products follow:The objective function for the linear program Keego would use to determine the optimum monthly product mix (where B and C are expressed in 100-pound units of output) would be:
MRP Logic
Refers to the set of principles and algorithms used in Material Requirements Planning systems to schedule and plan production and inventory in manufacturing.
Scheduled Receipts
Orders that have been placed but not yet received, scheduled to arrive at a specific future date.
Integrating JIT
The process of incorporating Just-In-Time manufacturing practices to increase efficiency by reducing inventory levels and waste.
MRP
Material Requirements Planning is a methodology used to determine the materials and components required to produce a product.
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