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Any organization would schedule aggregate production plan for various reasons. This will be used in evaluation and monitoring of the progress of the organization among other functions.
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What is the relationship between aggregate planning and master production schedule?
The aggregate plan balances the Plant's capacity with demand and the MPS translates this plan into numbers of specific products in time frames.
What is a Master Production Schedule?
Master Production Schedule or MPS is the production plan company establishes for specific fiscal year for producing goods as well as for inventory, staffing etc to meet the required sales demand for specific period.
In which way does the time horizon chosen for an aggregate plan determine whether it is the best plan for the firm?
Many factors affect the selection of an appropriate time horizon. Perhaps, the most important is what the firm intends to plan during that time period. An aggregate plan implies a period of up to 18 months wherein the firm takes its forecast and plans production using inventory, work force size, overtime and under time, subcontracting, and backlogging orders to achieve a reasonable schedule at reasonable costs. A very stable firm in a very stable environment with a very stable demand really doesn't need to go out very far with its aggregate plan. However, when there is variation, especially when this variation is considerable, then a longer aggregate plan will show the need to find subcontractors, new workforce availability, etc. Planning for these can start early.
What is a plan for acquiring the resources needed to complete the manufacturing activities that will satisfy the organization's sales forecast a production budget?
production budget
Discuss the importance of the master production schedule in an MRP system?
The master production schedule “drives” the system. It states the planned due dates for end items. Material requirements planning computer runs, however, involve an iterative process. The master production schedule “proposes” or “hypothesizes” a tentative schedule. After the MRP run with this schedule, the shop scheduler examines the MRP plan for impractical loads on the productive system—either by stating excessive demands on personnel or equipment, or in excessive idle time. Then the master production schedule is revised and the program is run again.
What is disaggregation in production planning?
It is the process of breaking the Aggregate Plan down into Greater Details. It is similar to the process of resource allocation. For example, the aggregation plan tells us how many laptops to produce but it does not indicate how many of them should be with black cover, and how many will be with red cover. The disaggregation plan is important in production planning because it assigns specific details to each product which can investigate the deep costs related to each product easily. It is needed in the operating level of the organization where specific details are needed.
How many steps for aggregate planning?
1 demand analysis 2 resource.availability 3 resourceplanning 4 manufacturingrequirement planning 5 submitt plan to production departments
What is a schedule or plan of events that you will follow while on a trip?
A schedule or plan of events you follow on a trip is called an itinerary, a schedule or agenda.
What is the military schedule?
Military schedule is a day plan to be followed by the maker of the schedule in military time.
How do you write a bakery operational plan?
it must include process strategy layout & location detail of our bakery, how it will look how it will work, etc. it should include unventory management. it shold include production schedule n supply chain schedule
What was the Production Budget for The Game Plan?
The Production Budget for The Game Plan was $22,000,000.
What was the Production Budget for A Simple Plan?
The Production Budget for A Simple Plan was $17,000,000.
