Your understanding of the merits and demerits of mrpii

Assignment Help Operation Management

Reference no: EM13391556

The materials manager is very familiar with older material requirements planning (MRP) systems, as well as more integrated manufacturing resource planning (MRPII) systems. In fact, he is quite proud of the way the MRPII system works; his entire team has worked hard and has achieved schedule accuracy of over 98% and inventory accuracy of over 97%. He is also proud that as a result of this kind of change to the more modern MRPII systems, the firm's inventory turnover has improved from 2.1 to 4.2; quite an achievement in his eyes and the CEO's.

He asked you to meet with his own materials management team to discuss the following specific points:

Your understanding of the pros and cons of MRPII systems, citing at least two Web sources.

How could any new system be better than an MRPII system?

Reference no: EM13391556

Questions Cloud

Compute pension expense for van persie corp for the year : van persie corp. sponsors a defined-benefit pension plan for its employees. the following balances related to the plan

The tax rate is 35 percent and the cost of capital is 15 : mcgilla golf has decided to sell a new line of golf clubs. the clubs will sell for 731 per set and have a variable cost

What have we learned about sustainable use of resources and : what have we learned about the sustainable use of resources and the ability to maintain the ability to produce into the

If the tax rate is 40 percent and the discount rate is 9 : kolbys korndogs is looking at a new sausage system with an installed cost of 530000. this cost will be depreciated

Your understanding of the merits and demerits of mrpii : the materials manager is very familiar with older material requirements planning mrp systems as well as more integrated

The news has been full of stories lately about the stock : the news has been full of stories lately about the stock market problems sub-prime mortgages and ponzi schemes. all of

There are many different kinds of teams found in the : there are many different types of teams found in the workplace. however no matter what label is assigned to the team

Assume there is no need for additional investment in : a manufacturing company is thinking of launching a new product. the company expects to sell 950000 of the new product

Find a scholarlypeer-reviewed journal article on article : select a marketing topic of your choice examples include global marketing services pricing. begin your research by

User Account

All Pages