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Sustainable Manufacturing Operations (Debarghya Das)
Sustainable Manufacturing Operations (Debarghya Das)
Sustainable Manufacturing Operations (Debarghya Das)
Assignment no: 1
Debarghya Das
PRN No.:18021141033
Material planning
The basis for material planning is the forecast demand for the end products.
Forecasting techniques such as weighted average method, exponential
smoothening and time series models are used for the same. Once the demand
forecast is made, it is possible go through the excerse of material planning. Bill
of materials is a document which shows list of materials required, unit
consumption location code for a given product. An explosive chart is a series of
bill of material grouped in a matrix form so that combined requirements for
different components can be done requirements of various materials are
arrives at from the demand forecast, using bill of materials, through explosion
charts. Thus material requirement plan will lead to be the development of
delivery schedule of the materials and purchasing of those material
requirements.