Department of Mechanical Engineering PRODUCTION PLANNING (AGGREGATE PLANNING) § § § § Concerned with the overall operations of an organisation over a specified time horizon Determines the efficient way of responding (allocating resources) to market conditions Effectively allocate system capacity (plant‚ equipment‚ and manpower) over designated period A good production plan should Ø be consistent with organisational policy Ø meet demand requirements Ø be within capacity constraints Ø minimizes
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The Identification and Production of Materials 1. Fossil fuels provide both energy and raw materials such as ethylene‚ for the production of other substances. Students Learn To: .2 Identify the industrial source of ethylene from the cracking of some of the fractions from the refining of petroleum. • Ethylene is produced either from natural gas or crude oil‚ which are mixtures of hydrocarbons. One method involves… Cracking: a process by which hydrocarbons with higher molecular
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Production Planning System Each business that is started does not just begin with an idea and some money to invest into their future endeavor. There are several steps before entering a new project that requires some type of production. One of those key steps is developing strategies. In this paper‚ I will discuss the different steps that are taken to create a strategic production plan from start to finish for a company and illustrate how developing these strategies‚ is an important factor of
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PRODUCTION PLANNING AND CONTROL-PPC notes 1 of 133 http://www.scribd.com/doc/7372471/PRODUCTION-PLANNING-A... Upload Log In Sign Up Explore Documents Books - FictionBooks - Non-fictionHealth & MedicineBrochures/CatalogsGovernment DocsHow-To Guides/ManualsMagazines /NewspapersRecipes/MenusSchool Work+ all categories RecentFeatured People AuthorsStudentsResearchersPublishersGovernment & NonprofitsBusinessesMusiciansArtists & DesignersTeachers+ all categories Most FollowedPopular
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unit-1 PLANNING AND CO-ORDINATION Planning: Nature and principles of planning‚ Steps in planning‚ types of planning‚ Levels of planning – The Planning Process-MBO. Decision making-role-significance – decision making process-decision tree analysis. Co-ordination-principles. --------------------------------------------------------------------------------------------------------------------- INTRODUCTION: Planning in organizations and public policy is both the organizational process of creating
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Production Planning and Control In any manufacturing enterprise production is the driving force to which most other functions react. This is particularly true with inventories; they exist because of the needs of production. In this chapter the relationship of production planning and control to work-in-process inventories is stressed. Objectives of Production Planning Control: The ultimate objective of production planning and control‚ like that of all other manufacturing controls‚ is to
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Capacity Planning & Aggregate Production Planning Capacity Planning • Long term strategic decision • determines overall level of resources • affects product lead times‚ customer responsiveness & operating costs Capacity Planning Three Basic Strategies for Timing Capacity • Capacity Lead Strategy – capacity is expanded in anticipation of demand – aggressive and used to lure away customers from competitors already constrained Capacity Planning Three Basic Strategies for Timing Capacity • Capacity
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REVIEW OF THE LITERATURE BATCH COSTING INTRODUCTION Historically‚ because of the industrial background of cost accounting‚ specific order costing has tended to centre around the manufacturing environment. Given the developments both in cost accounting and performance evaluation over the last 20 years or so‚ cost accounting is now being applied in manufacturing‚ non manufacturing ‚ service and even in non profit making organizations. Cost Accounting is usually considered only as it applies to
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ASSIGNMENTS PRODUCTION PLANNING AND CONTROL Subject Name & Code : Study Centre : Permanent Enrollment Number (PEN): Student Name : Production Planning and Control INSTRUCTIONS a) Students are required to submit three assignments ASSIGNMENT Assignment A Assignment B Assignment C DETAILS Five subjective questions Three subjective questions + Case Study Forty objective questions MARKS 10 10 10 b) c) d) e) Total weightage given to these assignments is 30%.(40% when no PCP*) All assignments are
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Case 1: Malincho (Word limit: 1000 words‚ A4‚ 12-times new roman‚ 1.5 line spacing) Q1. What is the Case all about? Q2. Please describe Mr. Kalin Pentchev’s personality Q3. Is It a good opportunity for Kalin’s business? Q4. Where did Kalin find the capital? Equity or Debt? Q5. How well is Malincho doing 18 months after it opened its doors ? Q6. Would you loan money or invest in Malincho? Q7. What are your suggestions to Kalin? Malincho’s case is about a recently former Bulgarian entrepreneur
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