Production, Capacity And Material Planning Page 50
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60Material Requirements Planning
MRP as Multi-Echelon Inventory Control
continuous-review type policy (Q,R)
hierarchy of stocking points (installation)
installation stock policy
echelon stock (policy): installation inventory position plus all
downstream stock
MRP:
⌧rolling horizon
⌧level by level approach
⌧bases ordering decisions on projected future installation inventory level
Production Management
149
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