Objectives of production planning and control -
1. To plan production facilities in the best possible manner along with the proper systematic planning of production activities.
2. Providing men, machines, materials etc. of right quality, quantity and also providing them at the right time forms a very important factor.
3. To inform, about the difficulties or the various awkward positions expected to crop up later, to the management beforehand.
Production planning functions are hierarchic, having different time horizons i.e. the time period for some of the functions is in years, while for some of the functions, it is in weeks or days-so the functions of production planning and control can be summarized into two categories, which are as follows
1. Regular functions - Involves order preparation, process planning or routing concerns, fixation of method of manufacture, scheduling, dispatching, progressing, expediting etc.
2. Optimal functions - Involves cost estimation, work measurement, subcontracting, capacity planning and demand forecasting etc.
Capital structure which aims at the maximization of profits. It is related to text planning in that planning help evaluate the the theories of capital structure.
When you are asked this question you should be detailed and explain how you are planning on meeting your objectives. The more you relate your objectives to the job you are interviewing for the more likely you will be to get the job.
A method for determining a production schedule by beginning with the production start date and workingforward to determine the production completion date.In this role, you will be responsible for managing the monthly planning schedule, prioritizing key item production and maintaining a forward-looking demand and production...
Explain macroeconomics objectives from the conventional perspective?
explain the objectives of gymnastics
planning,organizing,staffing,directing,motivating,coordinating & contrlling.
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Essentially, it helps you legally avoid overpaying tax. The purpose of tax planning is to discover how to accomplish all of the elements of a financial plan in the most tax-efficient manner possible. Tax planning therefore, allows the elements of a financial plan to interact more effectively by minimizing tax liability.
AnswerIdentify any five companies and explain their vision mission goals and objectives
modernisation as a planning objective create contradiction in the light of employment generation? Explain.
they had an exchange of labor
what is the importance of strategic planning in mis?