Autoplan glossary
Term | Definition |
---|---|
Master schedule (plan input) | User input demand for deliverables. Choose the part required, how many are required, and when it is required. |
Material Requirements Planning (MRP I) | Determines the components required to build an assembly based on supply and demand in the factory. Backwards schedules from the master schedule. |
Material Resource Planning (MRP II) | Forward schedules dates based on capacity constraints in the factory. |
Order policy | A way to define how plan items should be grouped or created. |
Period of supply | A type of order policy that groups plan items by date buckets. |
Plan item | An output of Autoplan. Plan items can be linked to inventory, runs, or purchases. Or they can be unlinked, meaning that they are a signal to take action. |
Reorder point | A type of order policy that creates a new plan item purely based on supply levels for a given part. |
Safety stock | A way to artificially increase demand for a part so that extra parts are kept on hand. |
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