Plan production and material requirements for a mid-size company
Manufacturers rely on Manufacturing Planning and Control (MPC) frameworks to plan and control all aspects of manufacturing activities, such as resource management, production scheduling, and capacity planning. Current MPC systems are typically deployed in the form of software, bundled as part...
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| Format: | Final Year Project |
| Language: | English |
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Nanyang Technological University
2024
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| Online Access: | https://hdl.handle.net/10356/176922 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Manufacturers rely on Manufacturing Planning and Control (MPC) frameworks to plan
and control all aspects of manufacturing activities, such as resource management,
production scheduling, and capacity planning. Current MPC systems are typically
deployed in the form of software, bundled as part of an Enterprise Resource Planning
(ERP) service. However, high initial and subscription costs for commercial ERP
solutions are a hurdle for adoption by start-ups and small businesses. To overcome this
challenge, we have developed a cost-effective MPC solution that provides users with
three key MPC functions: demand forecasting, Master Production Scheduling, and
Material Resource Planning. The product data used in the software was referenced from
the case study “Wilkins, A Zurn Company: Material Requirements Planning” from the
Richard Ivey School of Business. This software will allow manufacturers to explore
MPC-based decision-making without the need for a hefty capital commitment. At the
same time, it can serve as a training tool for educators, allowing students to gain hands
on experience with the workings of a basic MPC system. |
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