PPT-11- Aggregate and Material Requirements Planning

Dr Ron Lembke Learning Objectives Describe planning Distinguish the types of plans Define aggregate scheduling Relate aggregate scheduling to the overall planning process Explain aggregate scheduling options. What is MRP?. MRP answers the following questions:. What materials are required?. How many of the materials are required?. When are the materials required?. A Few Key Terms. PIR – Planned Independent Requirements. Aggregate expenditure line. Real GDP demanded. Changes in aggregate expenditure. Simple spending multiplier. Changes in the price level. Aggregate demand curve. Components of aggregate expenditure (AE). 12. McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. Aggregate Demand. Real GDP desired at each price level. Inverse relationship. Real balances effect. What is MRP?. MRP answers the following questions:. What materials are required?. How many of the materials are required?. When are the materials required?. A Few Key Terms. PIR – Planned Independent Requirements. Aggregate Demand. Aggregate Demand slopes downward like other demand curves, but for different reasons.. Aggregate Demand. An increase in the aggregate price level will cause real spending to decrease. This is seen as a movement upward along a given AD curve. Tom Mitchell. March . 18, . 2010. GENI Aggregate Manager Spiral 2 Goals. Allow GENI Aggregates to affiliate with GENI control frameworks through a common API. Enable researcher access to conforming GENI Aggregates through two existing control frameworks: . INTRODUCTION :-. . One of the major challenges of our present society is . the protection of environment.. . Some of the important elements in this respect are the . reduction. of the . consumption of energy . Today:. Aggregate demand. Why is it downward sloping?. Factors that affect the aggregate demand. Aggregate supply. Long-run aggregate supply. Short-run aggregate supply. Why is it upward sloping?. Factors that affect the short-run aggregate supply. Derive AS/AD model . Understand cause & consequences of change in AS/AD. Short run vs Long run. Effects on economic growth, prices, unemployment.. Different schools of thought in macroeconomics. Macroeconomic Long Run and Short Run. Chapter 11: Learning Objectives. You should be able to:. Explain what aggregate planning is and how it is useful. Identify the variables decision makers have to work with in aggregate planning and some of the possible strategies they can use. Chapter 11. McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. Chapter 11: Learning Objectives. You should be able to:. Explain what aggregate planning is and how it is useful. Advanced SQL Nested aggregate queries 1 Microsoft Enterprise Consortium Microsoft Enterprise Consortium: http://enterprise.waltoncollege.uark.edu Microsoft Faculty Connection/Faculty Resource Center Short-run Aggregate Supply (SRAS). SRAS. shows the relationship between the economy’s aggregate price level and the total quantity of final goods and services (aggregate output or RGDP) producers are willing to supply.. LO19–1: Understand what sales and operations planning is and how it coordinates manufacturing, logistics, service, and marketing plans.. LO19–2: Construct and evaluate aggregate plans that employ different strategies for meeting demand..