From my experience in various MTO environments such as the Aerospace and Communications industries the Sales and Marketing departments have a reluctance to forecast business activity. There are three main reasons for this: They feel that it is difficult or impossible to estimate what a…
One of the reoccurring issues in planning when using a Material Requirements Planning (MRP) system concerns expiration dates of material in inventory. For example, if today is January 1st, there is a requirement for 50 of part A on February 15th, and there are 60…
