planning and control decisions such as when activities should take place‚ where they should happen‚ who should be doing them‚ how much capacity will be needed and so on. This is what enterprise resource planning (ERP) does (see Figure 14.1). It grew out of a set of calculations known as material requirements planning (MRP)‚ which is also described in this chapter. Topic covered in this chapter Supply chain planning and control The market requires... specified time‚ quantity and quality of
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REQUIREMENT PLANNING Introduction * MRP is a simple system of calculating arithmetically the requirements of the input materials at different points of time based on actual production plan. * MRP can also be defined as a planning and scheduling system to meet time-phased materials requirements for production operations. MRP Objectives * Reduction in Inventory Cost: By providing the right quantity of material at right time to meet master production schedule‚ MRP tries to avoid the cost of excessive
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Internet while still young in age has grown rapidly‚ spreading to countries world wide and connecting 50 million users. With its popularity‚ it is incumbent upon our society to recognize how the Internet works and to be aware of its advantages as well as disadvantages. While seemingly high tech the Internet concept is rather simple. Computers speak to one another and send information. This is accomplished by sending and receiving electronic impulse‚ and then decoding them into a message. In order
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The Internet as a Learning Tool: Planning Perspectives (the Singapore Experience) Jeremy Tan <jeremy@ncb.gov.sg> National Computer Board‚ Singapore Sam Wong <wpm@moe.ac.sg> Ministry of Education‚ Singapore Background In 1991‚ Singapore came online through her first Internet service provider (ISP)‚ Technet Unit. This unit was part of the National University of Singapore‚ with funding by the National Science and Technology Board (NSTB). Internet access was then limited to R&D
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案例：MRP，ValentinCase：Valentin Valentin Inc. is a company who uses MRP to organize its production. The lot-sizing technique they chose for all references is lot-for-lot. They provide part of the product tree structure for products A and B (the figures shown indicate the number of component required to produce a product of the next level). Product Y(2) Product B A Z(3) Y(1) Z(1) W(2) The components Y and W are used exclusively in the production of products A and B. They
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A gadget is a device or appliance having a unique purpose and function. At the time of invention‚ a gadget is often way ahead of its peers in terms of novelty and uniqueness. This is what makes them‚ so desirable and ’cool’! The top ten gadgets that changed the world are debatable. Nevertheless‚ popular choices would be the television‚ telephone‚ camera‚ movie camera‚ microwave oven‚ video cassette player and recorder‚ video gaming consoles‚ Sony’s Walkman‚ IBM’s personal computer or PC and the
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Economic restructuring: Economic restructuring has happened because globalisation increases competition meaning the British economy has been restructured‚ largely at the expense of manufacturing. This is because many British manufacturing firms have transferred production offshore. This allows them to focus on high value and high skill activities such as research‚ product design/ development and marketing. Foreign direct investment: Investment into the UK through TNC’s is important as
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ADVANTAGE OF HAVING TWO MONTHS PRIOR TO YOUR SEMINAR * The advantage in preparing your seminar in two months prior to your seminar is that you can prepare everything with excellence because you have a lot of time to prepare. * You have a lot of time to locate a good venue‚ decide a design so that can capture the audience interest by seeing the area so relaxing and refreshing. * Whatever food you plan to fix‚ try to keep to the middle of the road in your selections of what to fix. Think
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Advantages and disadvantages of technology? * 5 years ago * Report Abuse Zwun Best Answer - Chosen by Voters advantages- 1.made mundane things faster(paying bills‚ writing letters etc) 2.easier- like u asking a question and just waiting fer d ans :) 3. enabled us to explain previously unexplained things ( like what is matter made up of ‚etc) 4. made organization‚ co ordination more feasible on a larger scale 5. is helping us evolve faster(mentally) 6. Has given us the
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Advantages and disadvantages of networks I’ll start by saying that setting up a network is a serious job and should be done only by a person that is already familiar with the process of networking. The variety of options for setting up a home network can influence on a decision regarding the equipment needed to be purchase. Before deciding what hardware to buy you must first find out which type of network technology to use (by ’type of network technology ’ I mean the way computers connect to
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