Lecture Notes for BIT 3464 - Enterprise Planning & Control with Russell at Virginia Tech (VT)

Notes Information

Material Type:Review Sheet 3
Class:BIT 3464 - Enterprise Planning & Control
Subject:Business Information Technology
University:Virginia Polytechnic Institute And State University
Term:Fall 2008
  • Work Centers
  • Lean Production
  • Standard Quantity
  • Capacity Management
  • Pull System
  • Push System
  • Similarities
  • In/on/at a Place
  • Capacity Planning
  • Differences
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Sample Document Text

BIT 3464 - Review for Final Exam ERP class presentations • Differences and similarities in co. planning and control systems • Differences and similarities in software vendors • Problems & successes in implementation (includes guest speaker from PAHO) • Trends in ERP • Lean, TOC, quality applications Capacity • Rated capacity, effective capacity, utilization, efficiency o Rated Capacity: Maximum obtainable output. (The size of the output “pipe” that takes finished products.) It limits planned capacity o Effective Capacity: Maximum capacity given product mix, scheduling mix, scheduling mix, difficulties and other assumptions. (The “Actual Load” cannot exceed effective capacity) o Utilization: o Efficiency: • Capacity vs load; load percent o Capacity: o Load: standard hours of work assigned to a facility o Load Percent: the ratio of load to capacity • Hiearchical planning process -Uses routing data for all items. -Generates a “usage” profile for all work centers, and iden...

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