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Fundamentals of Operation Planning and MRP Systems
Advanced Level

Fundamentals of Operation Planning and MRP Systems

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  • 4-5 Avg Hours
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Fundamentals of Operation Planning and MRP Systems

The free online course on the inventory control and management, as well as material requirements planning (MRP) systems.
This free online fundamental of operations planning and MRP systems will teach you about the single-period model which is known as the Newsboy problem, as well as the requirements for effective inventory cont... This free online fundamental of operations planning and MRP systems will teach you about the single-period model which is known as the Newsboy problem, as well as the requirements for effective inventory control and management. You will also learn about the concept of material requirements planning (MRP), as well as the various types of improvements in the MRP system and lot-sizing models. The course will also teach you about aggregate sales.

What You Will Learn In This Free Course

  • Discuss the single-period model or ...
  • Explain the concept of discrete and...
  • Identify the requirements for effec...
  • Discuss the concept of material req...
  • Discuss the single-period model or newsboy problem
  • Explain the concept of discrete and continuous stocking levels
  • Identify the requirements for effective inventory management
  • Discuss the concept of material requirements planning and MRP inputs
  • Identify the terms used in MRP processing
  • Explain the concept of lot sizing and various models of lot sizing
  • Discuss intermediate planning and aggregate planning in perspective
  • Identify the supply chain and various demand options
  • Discuss the basic strategies for meeting uneven demands
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