1Independent Demand
demand that is created by customers
2Dependent Demand
demand that depends upon decisions made by internal operations managers
3Materials Requirements Planning
a planning system used to ensure the right quantities of materials are available when needed
4Master Production Schedule
the quantities of each finished product to be completed each period
5Time Bucket
the individual time period for planning
6Cumulative Lead Time
the longest lead time (orderet materials, make item) path in the BOM
7Planning Horizon
the entire time period covered by the MPS
8Available to Promise
the part of planned production that is not committed to a customer
9Rough Cut Capacity Planning
an estimation of the availability of the critical resources needed to support the MPS
10Bill of Materials (BOM)
a detailed description of an "end item" and list of all of its raw materials, parts, and subassemblies
11Inventory Status File
a file that contains detailed inventory and procurement records
12Scheduled Receipts
the quantity that has been ordered but not yet received
13lot-for-lot (L4L)
order exactly the amount that is needed in each period
14fixed order quantity (FOQ)
an order for the exact amount needed
15Period Order Quantity (POQ)
an order for an amount that covers a fixed period of time
16Gross Requirements
the total amount of an end item that is required
17Requirements Explosion
the determination of how many additional units are needed
18Net Requirements
the minimum amount needed in the period
19Planned Order Receipt
the amount that is planned to arrive at the beginning of a period
20Planned Order Release
the amount of an item that is planned to be ordered in a period
21Primary Reports
Schedules of planned order releases that trigger purchase and production of items at the right time
22Secondary Reports
Provide cost, inventory, schedule attainment information that are metrics for how well the operation is performing
23Exception Report
generated when the actual performance differs from the MRP plan
24Nervousness
inconsistencies in the plan caused by changes to the MPS
25Distribution Requirements Planning (DRP)
determination of replenishment and positioning of finished goods in the distribution network
26Capacity Requirements Planning (CRP)
an estimate of the capacity needed at work centers
27Load
the amount of work given to a work machine, work center, or facility during a specific period of time
28Load Profile
a comparison of production needs to actual capacity
29Infinite Loading
the assumption that there is an infinite amount of capacity available
30Enterprise Resource Planning (ERP)
software that consolidates all of the business planning systems and data throughout an organization
31Advanced Planning and Scheduling (APS)
integrate materials and capacity planning into 1 system