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Q: What is concerned with long-term planning of manufacturing activities?
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What are the meaning of economic planning and its features and the objectives?

Economic planning is a term used to describe the longterm goals of a government to develop the economy.


What is the major difference between aggregate planning in manufacturing and aggregate planning in services?

Aggregate planning in manufacturing is planning so that you allocate the right amount of resources for every process of the manufacturing so that time will be minimized when in IDLE mode. For services, aggregate planning serves to schedule your employees and it varies as to what particular season you are in. Moreover aggregate planning for services (as oppose to manufacturing) implies: 1. Most services cannot be inventoried 2. Demand for services is difficult to predict 3. Capacity is also difficult to predict 4. Service capacity must be provided at the appropriate place and time 5. Labor is usually the most constraining resource for services


Explain why both short-term and long-term planning are important?

short term is financial asset used to run business at the market level whereas longterm is to invest to get maximum profit.


Is 100 what are the major activities of the planning section include?

provide technology


Why planning is improved for productivity improvement?

Planning is a process of setting up of definite goals and objectives to accomplish a project or mission. It is a blueprint of an enterprise that one intends to take on measurable basis. Planning decides and defines the goals and objectives by putting into disposition the resources and the means for a quantitative and qualitative production. Today the protagonists of planning set before them a definite and measurable goal on a realistic basis. It analyzes the activities and puts into disposition the resources which guarantees the success.. Purpose of Plan: Planning helps the management to have clarity, to focus accurately on the process and do research. Modern planning is done after the accurate research and experience. It foresees much in advance to avoid mistakes. Planning is an outcome of expertise today. Planning decides its goals, objectives, tasks, control feedback and incentives. The goals are measurable and realistic. They are specific and accepted by its board members. Planning is an outcome of the review done after the past performance. Planning foresees the required budget and the precaution against the crisis. Planning has its own policy to abide by it . It sets definite standards. Today the planning is scientific and realistic. Planning foresees to motivate all those who are involved for its realization. Planning organizes the activities, delegates the tasks, makes use of modern devises for the rapid communication, co-ordinates the activities without conflict and tension. It is a team work and no one can use monopoly over any task or office. Planning has an effective system of control and survey, prepare the reports, offer coaching and arranging ongoing training and incentives for the promotion of the individuals. Today the Standards are set up in terms that relate to the job and are meaningful to the employees.

Related questions

What are the meaning of economic planning and its features and the objectives?

Economic planning is a term used to describe the longterm goals of a government to develop the economy.


Who List and explain the activities of project planning?

List and explain the activities of the project planning phase


What is the physical distribution side of marketing?

Physical distribution is one of the largest arenas of marketing and has been defined as the analysis, planning, and control of activities concerned with the procurement and distribution of goods.


What are the three operational activities of crisis action planning?

Execution planning, force preparation, and deployability are the three operational activities of crisis action planning.


What are the characteristics of a production planning?

Production planning is the administrating process within a manufacturing business. The characteristics of a production planning involve having the staff, raw materials, and other items needed to run the manufacturing business.


What are some well known manufacturing planning software?

Manufacturing planning software can be found online. One such company that offers this software is Preactor. They describe themselves as a "world leader in production planning and scheduling software".


What has the author James Nolen written?

James Nolen has written: 'Computer-automated process planning for world-class manufacturing' -- subject(s): Computer integrated manufacturing systems, Data processing, Manufacturing processes, Planning


How do you do material requirement planning?

Material Requirements Planning (MRP) is a software based production planning and Inventory control system used to manage manufacturing processes. Although it is not common nowadays, it is possible to conduct MRP by hand as well. An MRP system is intended to simultaneously meet three objectives: * Ensure materials and products are available for productin and deliver to customers. * Maintain the lowest possible level of inventory. * Plan manufacturing activities, delivery schedules and purchasing activities. It is very important that the accuracy of your inventory, bills of material and unit of measure is at least 95%.


Do Contingency planning and CAP share common planning activities and are interrelated?

yes


What are the factors of manager?

It is a series of events concerned with menu planning


What are the three primary activities of Joint Operations Planning?

Situational awareness, planning and execution


What are the essentials of resource planning in a business?

Resource planning may refer to a number of business operations. This may include enterprise resource planning which is the management of information across all business systems, allowing for a better flow. It may refer to manufacturing resource planning which is for the effective planning of all the resources a business may use when manufacturing.