Master Planning of Resources Flashcards

The 'planning fence' in master scheduling separates:

Answer: Fixed and flexible portions of the schedule

The planning fence divides the schedule into a frozen zone where changes are restricted and a flexible zone where planners can make adjustments.

Which demand pattern is characterized by a consistent upward or downward movement over time?

Answer: Trend

A trend pattern reflects a sustained long-term increase or decrease in demand, which must be incorporated into forecasting models.

Distribution Requirements Planning (DRP) is best described as:

Answer: Time-phased planning of inventory replenishment across a distribution network

DRP applies MRP logic to distribution networks, planning inventory replenishment from central warehouses to field locations over time.

What is 'option overplanning' in master scheduling?

Answer: Planning option quantities greater than 100% to account for forecast uncertainty across configurations

Option overplanning deliberately plans optional features at quantities slightly exceeding 100% to ensure component availability when customer configurations vary.

A 'hedge' in master planning refers to:

Answer: Inventory or capacity built in anticipation of uncertain future demand or supply events

In CPIM, a hedge is planned inventory or capacity created to protect against uncertainty such as a possible strike, supply disruption, or demand surge.

Which of the following is a primary input to the master production schedule?

Answer: The aggregate production plan

The aggregate production plan provides overall production targets by family that are disaggregated into the MPS for specific products.