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Material Resource Planning

Title: Material Resource Planning
Category: /Literature/English
Details: Words: 678 | Pages: 2 (approximately 235 words/page)
Material Resource Planning
Material Requirements Planning (MRP) is designed to assist manufacturers in inventory and production management. Using MRP helps ensure that materials will be available in sufficient quantity and at the proper time for production to occur, without incurring excess costs by having the materials on hand too early. MRP assists in generating and (as needed) revising production plans to meet expected demands and replenishment plans to assure the timely availability of raw materials and all levels …showed first 75 words of 678 total…
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…showed last 75 words of 678 total…of data steps and relatively simple procedure calls from SAS/OR, Base SAS, and SAS/GRAPH accomplish all the computational work needed to support this application. The few simplifying assumptions made to limit the scope of this sample application could in practice be relaxed to make the application useful in a more complex and more realistic MRP setting. This application could also serve as an MRP module in a broader production and inventory control system.

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