Question

Answer each of the following questions, 2 paragraphs per question.
1. Please list the limitations of CRP (Capacity Requirement Planning) and discuss which one you think is the critical of them all.
2. Please differentiate tactical buying and strategic sourcing. Give examples of each.
3. What are some decisions that are ethical in nature when it comes to partnering with suppliers? Where is the line between what is acceptable and what is not? Provide an example.

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1. Please list the limitations of CRP (Capacity Requirement Planning) and discuss which one you think is the critical of them all.
Capacity Requirements Planning (CRP) represents the process of defining what personnel and equipment capacities (in terms of times) are required (needed) to meet the production goals (targets) defined in the master schedule (MSP) and the material requirements plan (MRP). CRP applies to the medium-ranged (equipment, people) activities and not for the short (input-output flow, operations sequencing) or long-ranged (capital facilities, locations) ones. The CRP system depends on the MRP, from which it receives planned and released orders and tries to develop loads for work centers taking into account the work center capacities. Too little capacity means that the orders will not be fulfilled (customers will not be satisfied) and too much capacity means that the operation is being under-utilized (high fixed costs and consequential effects on breakeven and profitability)....

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