Planning requirements for bicycle seats in a bicycle production plant, in this situation MRP will be the most applicable.
What is MRP?
A system called material requirements planning (MRP) determines the materials and parts required to make a certain product. It consists of three main steps: listing the materials and components already present, deciding which more are required, and then planning for their manufacture or acquisition.
Only in situations where there are few items, low volumes, and few components per product can material planning be considered clear and easy to understand.
Complicated calculations are required for complex items and bigger manufacturing volumes. For the efficient management of production and finished goods inventories, it is crucial to be able to forecast and plan for supplies and components.
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