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Planning for production

Discuss Planning for production within the Production Management forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Production management is one functional area of total business management. It is also called production function of management. Production is ...

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Yogin Vora
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Thumbs up Planning for production - December 22nd, 2006

Production management is one functional area of total business management. It is also called production function of management. Production is the creation of utilities for meeting human wants. Here, men, material and equipment are used for the creation of goods, which can be used for different purposes.
Manufacturing planning and control entails the acquisition and allocation of limited resources to production activities so as to satisfy customer demand over a specified time horizon. As such, planning and control problems are inherently optimization problems, where the objective is to develop a plan that meets demand at minimum cost or that fills the demand that maximizes profit. The underlying optimization problem will vary due to differences in the manufacturing and market context. This provides a framework for discrete-parts manufacturing planning and control and provides an overview of applicable model formulations.
Manufacturing planning and control address decisions on the acquisition, utilization and allocation of production resources to satisfy customer requirements in the most efficient and effective way. Typical decisions include work force level, production lot sizes, assignment of overtime and sequencing of production runs. Optimization models are widely applicable for providing decision support in this context.
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bonddonraj
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Re: Planning for production - May 15th, 2007

thanx buddy


Product development is a relatively young field that has built
its portfolio of tools and techniques through the cumulative
experience of a large number of firms involved in product
development. Since competitive forces have for long forced
product development initiatives on firms that compete
intensively in developed countries, a bulk of the research
that has guided best practice in product development has
relied on the experiences of firms making products for
developed country markets. Major industries that have
contributed to knowledge creation in product development
are automobiles and aerospace – where the focus has been
primarily on creating better products faster while managing
costs within a reasonable threshold. However with the
stagnation of opportunities in developed country markets and
the emergence of developing country markets as the major
source for growth among multinational firms, the focus has
shifted to lowering costs while creating appropriate products
for these large potential markets. As firms from developed
countries seek ways of entering the growing developing
country markets, firms from developing countries like China
and India are also posing a challenge to these multinational
firms as they become the major providers of low cost services
and products to both developing and developed country
markets. There is thus increasing interest among academics
and practitioners in understanding the scope, challenges and
management of product development for developing country
markets.
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mbah_maridjan1927
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Re: Planning for production - December 25th, 2007

Great post Thank you..
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James Cord
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Re: Planning for production - April 4th, 2016

Quote:
Originally Posted by yogin View Post
Production management is one functional area of total business management. It is also called production function of management. Production is the creation of utilities for meeting human wants. Here, men, material and equipment are used for the creation of goods, which can be used for different purposes.
Manufacturing planning and control entails the acquisition and allocation of limited resources to production activities so as to satisfy customer demand over a specified time horizon. As such, planning and control problems are inherently optimization problems, where the objective is to develop a plan that meets demand at minimum cost or that fills the demand that maximizes profit. The underlying optimization problem will vary due to differences in the manufacturing and market context. This provides a framework for discrete-parts manufacturing planning and control and provides an overview of applicable model formulations.
Manufacturing planning and control address decisions on the acquisition, utilization and allocation of production resources to satisfy customer requirements in the most efficient and effective way. Typical decisions include work force level, production lot sizes, assignment of overtime and sequencing of production runs. Optimization models are widely applicable for providing decision support in this context.
Hey yogin,

Here i am uploading Study on Production Planning and Control (PPC), so please download and check it.
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Jayashree Iyer
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Re: Planning for production - February 24th, 2017

Production and Operations Management ("POM") is about the transformation of production and operational inputs into "outputs" that, when distributed, meet the needs of customers. The process in the above diagram is often referred to as the "Conversion Process".



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