About This Chapter
Resource Planning in Operations Management - Chapter Summary and Learning Objectives
This Resource Planning in Operations Management chapter includes information on time-phased bills and capacity requirements planning. Watching the chapter's video lessons could increase your understanding of:
- Modular bills
- Lot sizing
- Phantom bills
|Material Requirements Planning System: Uses and Goals||Explain the inputs and outputs of material requirements planning.|
|Master Production Schedule: Creation, Use and Outputs||Discover the uses for this schedule.|
|Time-Phased Bills: Types and Purpose||Learn about the purpose of k-bills and other time-phased bills.|
|Item Master File: Definition and Contents||Explore the contents of this file.|
|Steps in the Material Requirements Planning Process||Explain the processes of netting and explosion.|
|Lot Sizing in Material Requirements Planning Systems||Discuss the process of lot sizing.|
|Capacity Requirements Planning (CRP)||Learn about this process.|
|Enterprise Resource Planning: Using ERP to Integrate Business Processes||Distinguish between ERP and MRP.|
|Customer Relationship Management: Using CRM to Focus on Customers||Discuss the objectives of customer relationship management.|
1. Material Requirements Planning System: Uses & Goals
How can businesses coordinate their purchasing, manufacturing, and delivery systems? In this lesson, we'll explore material requirements planning systems, including what they are, their goals, and how businesses can use them.
2. Master Production Schedule: Creation, Use & Outputs
After watching this video lesson, you will learn how creating a master production schedule can help you in the running of your business. Learn how it can keep you on track to meet all the various deadlines that your business has.
3. Time-Phased Bills: Types & Purpose
After watching this video lesson, you will understand what time-phased bills are, what types there are, and what purposes they serve. Learn when and why a business will use a time-phased bill rather than a regular invoice.
4. Item Master File: Definition & Contents
In this video lesson, you will see what an item master file is and why it is so useful. You'll learn what kinds of information are contained in an item master file and how the information can be used.
5. Steps in the Material Requirements Planning Process
Businesses need to coordinate purchasing, manufacturing, and delivery to customers. To help them, many use a material requirements planning system, or MRP. In this lesson, we'll explore what an MRP is and the steps in the MRP process.
6. Lot Sizing in Material Requirements Planning Systems
Manufacturing businesses need to balance the necessity of having stock to fill orders with the cost of storing too much inventory. How do they know how many units create that balance? In this lesson, we'll explore lot sizing in MRP systems.
7. Capacity Requirements Planning (CRP)
Watch this video lesson to learn how capacity requirements planning can help a business to fulfill its orders. Learn what information is needed to perform this type of planning, and see what kind of information is gained.
8. Enterprise Resource Planning: Using ERP to Integrate Business Processes
Enterprise resource planning is a set of integrated program to manage the critical operations for an entire organization. Learn about the advantages and challenges of implementing ERP.
Earning College Credit
Did you know… We have over 160 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Business 112: Operations Management course
- Introduction to Operations & Supply Chain Management
- Quality in Operations & Supply Chain Management
- Six Sigma & Operations
- Monitoring & Controlling Quality
- Project Management
- Product Design
- Service Design
- Operations Processes & Technology
- Capacity & Facilities Design
- Facility Location Models
- Supply Chain Strategy & Design
- Global Supply Chain Procurement & Distribution
- Inventory Management
- Lean Systems
- Forecasting in Operations Management
- Sales & Operations Planning
- Scheduling in Operations Management