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    Indr 372 Production Planning and Control: Course Topics

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    Öztürk Saraçoğlu
    This document provides an introduction to production planning and control. It discusses key topics like forecasting, aggregate production planning, inventory management, material requirements planning, and supply chain management. Some common tools used include statistics, regression, probabilistic models, and linear optimization. The goals of production planning are to minimize costs while satisfying customer needs in terms of delivery times and service levels. Inventory management and production planning impact operating profits by influencing sales, revenues, and operating expenses. The document then outlines different planning horizons from design to scheduling and provides frameworks for understanding different production environments and product life cycles.

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    Indr 372 Production Planning and Control: Course Topics

    Uploaded by

    Öztürk Saraçoğlu
    23 views6 pages
    This document provides an introduction to production planning and control. It discusses key topics like forecasting, aggregate production planning, inventory management, material requirements planning, and supply chain management. Some common tools used include statistics, regression, probabilistic models, and linear optimization. The goals of production planning are to minimize costs while satisfying customer needs in terms of delivery times and service levels. Inventory management and production planning impact operating profits by influencing sales, revenues, and operating expenses. The document then outlines different planning horizons from design to scheduling and provides frameworks for understanding different production environments and product life cycles.

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    CH1_StrategyAndCompetition

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    This document provides an introduction to production planning and control. It discusses key topics like forecasting, aggregate production planning, inventory management, material requirements planning, and supply chain management. Some common tools used include statistics, regression, probabilistic models, and linear optimization. The goals of production planning are to minimize costs while satisfying customer needs in terms of delivery times and service levels. Inventory management and production planning impact operating profits by influencing sales, revenues, and operating expenses. The document then outlines different planning horizons from design to scheduling and provides frameworks for understanding different production environments and product life cycles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    23 views6 pages

    Indr 372 Production Planning and Control: Course Topics

    Uploaded by

    Öztürk Saraçoğlu
    This document provides an introduction to production planning and control. It discusses key topics like forecasting, aggregate production planning, inventory management, material requirements planning, and supply chain management. Some common tools used include statistics, regression, probabilistic models, and linear optimization. The goals of production planning are to minimize costs while satisfying customer needs in terms of delivery times and service levels. Inventory management and production planning impact operating profits by influencing sales, revenues, and operating expenses. The document then outlines different planning horizons from design to scheduling and provides frameworks for understanding different production environments and product life cycles.

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    © All Rights Reserved
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    of 6

    1

    Indr 372
    Production Planning and
    Control
    Chapter 1
    Introduction
    1
    Course topics
    Introduction
    Forecasting Forecasting
    Aggregate Production Planning
    Inventory Management
    Material Requirements Planning
    JIT Production
    2
    Supply Chain Management
    Quality Control and Management
    2
    Some tools to remember
    Forecasting statistics, regression
    Inventory management probabilistic models Inventory management probabilistic models
    Aggregate production planning linear
    optimization
    3
    Introduction
    Planning and organizing production in order to
    minimize the operational costs while satisfying
    customer service objectives
    4
    3
    Introduction
    Customer service
    objectives objectives
    Delivery times
    Service (i.e. fill rate)
    levels
    Major cost components
    Raw material purchasing
    5
    costs
    Production costs
    Inventory costs
    Why do inventory management and
    production planning matter?
    Operating Profit = Revenue Operating Expenses
    Better inventory management
    -> more sales
    -> increased revenue
    Improved production planning
    -> reduced operating expenses
    6
    > reduced operating expenses
    4
    A hierarchy of planning problems
    Horizon Decisions Examples of decisions
    D i
    l t
    - Facility location
    - Production line design
    Design
    long term
    Production line design
    - Distribution network design
    - Warehouse design
    Aggregate Production
    Planning
    medium term
    - Allocation of production between factories
    - Planning anticipation inventories
    - Planning overtimes, extra shifts
    - Subcontracting decisions
    - Production order release
    7
    Material Flow Control
    short term
    - Production order release
    - Replenishment orders
    - Planning deliveries
    Scheduling Very short term
    - Scheduling a job-shop
    - Allocation of jobs to machines
    - Routing of deliveries
    A framework for production
    planning
    Different environments
    Job shops highly customized products Job shops highly customized products
    Flow shops less customization
    Assembly lines little customization + automation
    Process typically continuous flow (chemicals,
    drugs, petroleum)
    8
    5
    The Product Life-Cycle Curve
    9
    Process life cycle
    Job shop, low-volume varied
    Early
    Job shop, low volume varied
    mix
    stage
    Automation starts, volume
    increases, unit production costs
    decline with learning
    Middle
    stage
    10
    Automated, continuous flow
    Mature
    stage
    6
    The Process Life Cycle
    and the Experience Curve
    11
    The product-process matrix
    Hayes and Wheelright, 1979
    Few of each;
    custom
    Low volume,
    many
    products
    High volume,
    several
    major
    Very high
    volume,
    commodity
    Product
    mix
    Process
    pattern products major
    products
    commodity
    Job shop Aerospace
    Batch flow Machine
    tools
    Worker paced
    line flow
    Electrical and
    electronics
    Machine Automobile
    p
    12
    Machine
    paced line
    flow
    Automobile
    Continuous,
    automated
    rigid flow
    Paper, oil,
    steel

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