Exam 13: Resource Management

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The purpose of a master production schedule (MPS) is to break down the aggregate planning decisions into such details as order sizes and schedules for individual subassemblies and resources by week and day.

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Capacity requirements are computed by multiplying the number of units scheduled for production at a work center by the:

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A company currently has 100 items in inventory. The demand for the next four months is 500, 800, 900, and 300 units. Determine the monthly production rate if a level strategy is selected with the goal of ending the fourth month with 400 units in inventory.

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Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it does for manufacturing.

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For goods-producing firms, at which of the following levels of resource planning does scheduling for individual subassemblies and resources by week and day take place

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