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Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 515))

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Abstract

This chapter gives an overview of different approaches for material planning in manufacturing systems. The main focus is on the comparison of necessary information for each concept, and the explanation of the coordination between different stages of production. A description of how uncertainty is taken into account in these different concepts is given, and in Section 2.3.1 different planning methods for dealing with uncertainties are explained. Contrary to the decision making concepts introduced in the other subsections1, these planning concepts may also be applied in other decision problems in companies, such as investment decisions, for example.

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References

  1. According to Silver et al. [116], p. 538, the time horizon for short range is lower than 6 months.

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  2. The arguments in this paragraph are taken from Jensen [68], pp.15.

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  3. See, e.g., Zahn and Schmid [147], p.383.

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  4. A detailed description of the JIT concept is given in Silver et al. [116], pp.631.

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  5. For details see, e.g., Silver et al. [116], pp.491.

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  6. See, e.g., Wemmerlöv [138], or, Silver et al. [116], p.602.

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  7. For an overview on lot-sizing heuristics see, e.g., Nahmias [95], pp.345.

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  8. See, e.g., Wemmerlöv [140], Sridharan and LaForge [123], or Carlson and Yano [23].

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  9. For a detailed discussion of the ineffective use of inventories in an MRP system see, e.g., Van Donselaar [131], pp.51.

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  10. In MRP systems the approach of freezing the MPS, especially over the cumulative lead time of a product, is frequently used in practice. A detailed description of this procedure can be found in Vollmann et al. [135].

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  11. See, e.g., Whybark and Williams [141], and Van Donselaar [131], pp.31.

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  12. See, e.g., Van Donselaar [131], pp.175.

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  13. See, e.g., Van Donselaar [131], pp. 51, and Van Donselaar [132] for a detailed analysis of MRP weakness in a stochastic environment.

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© 2002 Springer-Verlag Berlin Heidelberg

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Heisig, G. (2002). Material Requirements Planning and Inventory Control. In: Planning Stability in Material Requirements Planning Systems. Lecture Notes in Economics and Mathematical Systems, vol 515. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-55928-0_2

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  • DOI: https://doi.org/10.1007/978-3-642-55928-0_2

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-43015-5

  • Online ISBN: 978-3-642-55928-0

  • eBook Packages: Springer Book Archive

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