10 Questions
What is the responsibility of production planning?
Forecasting
Which activity is NOT part of the primary activities in manufacturing planning and control?
Quality control
What does inventory management provide a buffer against?
Differences in demand rates and production rates
Which function is responsible for putting plans into action in manufacturing planning and control?
Production activity control
What are inventories in manufacturing primarily used for?
To support production
What is the value of 5 weeks WIP?
$1,800,000
What type of information does a bill of material provide for manufacturing planning and control?
Description of the product components and subassemblies
What does standard time in manufacturing refer to?
Time taken by an average operator to perform a task at a normal pace
Where can information on available plant, equipment, and labor be typically found for manufacturing planning and control?
Work center file
What activities are included in physical supply/distribution in the context of moving goods?
All of the above
Study Notes
Production Planning and Control
- The responsibility of production planning is to plan and control the activities of producing goods and services.
Primary Activities in Manufacturing Planning and Control
- The primary activities in manufacturing planning and control are design, planning, production, inventory control, and physical distribution.
Inventory Management
- Inventory management provides a buffer against uncertainty in demand and supply.
Manufacturing Planning and Control Functions
- The execution function is responsible for putting plans into action in manufacturing planning and control.
Inventories in Manufacturing
- Inventories in manufacturing are primarily used for decoupling, buffering, and smoothing.
Work-in-Process (WIP)
- 5 weeks WIP is equivalent to the value of goods in process.
Bill of Material
- A bill of material provides information on the components, their quantities, and the sequence of assembly for manufacturing planning and control.
Standard Time in Manufacturing
- Standard time in manufacturing refers to the time required to perform a task under normal working conditions.
Plant, Equipment, and Labor Information
- Information on available plant, equipment, and labor can typically be found in the capacity plan for manufacturing planning and control.
Physical Supply/Distribution
- Physical supply/distribution in the context of moving goods includes activities such as transportation, warehousing, and order fulfillment.
Explore the concepts of manufacturing planning and control, which involve the planning and control of material flow throughout the manufacturing process. Learn about activities such as production planning, prioritization, and capacity availability.
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