TAILIEUCHUNG - Lecture Principle of inventory and material management - Lecture 7
Lecture 7 - Production Planning System (Revisited). The contents of this chapter include all of the following: Manufacturing planning and control system, sales and operations planning (SOP), making production plan, developing production plan, market to stock production plan, market to order production plan, production planning hierarchy, inventory cost, type of inventory, production settings. | Lecture 7 Production Planning System (Revisited) Books Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, ., CFPIM, CIRM, Fleming College, Emeritus, Stephen N. Chapman, ., CFPIM, North Carolina State University, Lloyd M. Clive, ., CFPIM, Fleming College Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005, .: McGraw-Hill/Irwin. Objectives Manufacturing Planning and Control System Sales and operations planning (SOP) Making production plan Developing production plan Market to stock production plan Market to order production plan Production planning hierarchy Inventory cost Type of inventory Production settings Manufacturing’s Objectives The goal of manufacturing is to produce The right goods Of the right quality In the right quantities At the right time At minimum cost Four Basic Questions What must we get? What do we already have? What does it take to make it? What are we going to make? Priority The APICS
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