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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.
Description
In this course, you will learn about the single-period model which is known as the Newsboy problem, as well as how it is applicable in aggregate sales and operations planning. The various discrete stocking levels and the requirements for effective inventory control and management will also be covered in this course. Then, the course will teach you about the concept of material requirements planning (MRP), as well as the various types of improvements in the MRP system.
Then, this course will teach you about the process of lot-sizing in MRP systems, as well as the various models that are used in lot sizing. Furthermore, this course will teach you about the concept of enterprise resources planning (ERP) and then, introduce you to aggregate sales. Lastly, this course will teach you about operations planning with regards to aggregate sales demand options and aggregate sales supply options.
This course is helpful for learners who want to gain an understanding of the various models that are applicable to operations planning. This course is also helpful when you are looking to improve your understanding of the requirements for inventory control and management. Begin this course now to improve your knowledge of material requirements planning (MRP) systems and how they are applied in operations planning.
Start Course NowModules
Aggregate Sales and Operations Planning
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Aggregate Sales and Operations Planning - Learning Outcomes
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Single Period Inventory Model I
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Single Period Inventory Model II
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Inventory Control and Management
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Material Requirements Planning (MRP)
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Improvements in the MRP System
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Aggregate Sales and Operations Planning - Lesson Summary
Nature of Quality
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Nature of Quality - Learning Outcomes
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Lot Sizing in MRP Systems
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Example - Material Requirements Planning I
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Example - Material Requirements Planning II
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Aggregate Sales and Operations Planning
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Aggregate Sales Demand and Supply Operations
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Nature of Quality - Lesson Summary
Course assessment
Learning Outcomes
Having completed this course, you should be able to:
- 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.
Certification
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certificates for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.
