12.7 Keywords

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Course 12 – Deterministic Materials Management
Intended learning outcomes: Produce an overview on demand and available inventory along the time axis. Describe deterministic determination of independent demand. Explain in detail the deterministic determination of dependent demand (Material Requirements Planning, MRP). Differentiate various lot sizing techniques. Disclose how to analyze the results of the MRP.
12.1 Demand and Available Inventory along the Time Axis
Intended learning outcomes: Explain the projected available inventory and its calculation. Describe scheduling and cumulative projected available inventory calculation. Produce an overview on operating curves for stock on hand.
12.2 Deterministic Determination of Independent Demand
Intended learning outcomes: Present the customer order and distribution requirements planning (DRP). Disclose the consumption of the forecast by actual demand.
12.3 Deterministic Determination of Dependent Demand
Intended learning outcomes: Describe characteristics of discontinuous dependent demand. Explain material requirements planning (MRP) and planned orders. Disclose the determination of the timing of dependent demand and the load of a planned order.

12.4 Batch Sizing, or Lot Sizing
Intended learning outcomes: Explain combining net requirements into batches. Differentiate between different batch-sizing policies.
12.5 Analyzing the Results of Material Requirements Planning (MRP)
Intended learning outcomes: Present projected available inventory and pegging. Produce an overview on action messages.
12.6 Summary
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12.7 Keywords
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12.8 Scenarios and Exercises
Intended learning outcomes: Calculate projected available inventory. Determine net requirements and planned release using the MRP technique. Differentiate between order point technique and MRP technique.
12.9 References
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Case (Courses 11 and 12)
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