The development and implementation of a material requirements planning system.
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This thesis studies the development and implementation of a material requirements planning system designed to satisfy the production and inventory needs of a particular plant. It traces the development of the various management techniques from the intuitive ordering of parts, through the various stock replenishment systems, to the design of an MRP system. Special emphasis is placed on the review of forecasting, safety stock, and ordering policies because these techniques will be included in, or used in association with, the MRP system.
- Masters Theses