Dependent Demand and Materials Requirement Planning (MRP) Overview

Overview of Dependent Demand and Materials Requirement Planning (MRP), including Independent vs Dependent Demand, MRP Structures, the Master Production Schedule (MPS), Bill of Materials (BOM) and a Product Structure Tree overview.  We will then work through calculating dependent demand requirements using a Product Structure Tree for two examples (with and without on hand inventory).   Content created from the Pearson Textbook "Operations Management, Sustainability and Supply Chain" 13th edition by Jay Heizer, Barry Render and Chuck Munson.  Chapter 14 on Materials Requirement Planning (MRP) and ERP.

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