This document discusses material requirements planning (MRP) and production scheduling. MRP converts a master schedule into requirements for finished goods by taking into account bills of materials, inventory on hand, and demand forecasts. It requires information on demand, bills of materials, and safety stock levels as inputs. The master production schedule sets out planned production quantities over time based on market requirements. Bills of materials define what components are needed to make finished items. Inventory records track on-hand quantities. Dispatching and expediting are then used to schedule and monitor production progress by issuing work orders, tracking materials and labor, and resolving issues to complete jobs on schedule.