Safety Stocks in MRP Systems.
Abstract
In an MRP (Material Requirement Planning) environment requirements are often uncertain and supply is often unreliable. The uncertainties in supply and requirement quantities should be combined and protected against with safety stocks calculated in the usual way. The uncertainties in supply and requirement timing should similarly be combined and protected against with safety time. In most cases the timing protection and the quantity protection can be treated as independent and both must be provided.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1979
- Accession Number
- ADA072508
Entities
People
- Harlan C. Meal
Organizations
- Massachusetts Institute of Technology