6, Production planning and control

Question 1

what different types of planning levels are there?

Answer 1

1. strategic planning
2. aggregated planning
3. master production scheduling
4. manufacturing resource planning
5. production control activities

Question 2

why is aggregated planning important?

Answer 2

To sprecify:

1. production rate
2. level of Human Resources
3. available stock

to minimize cost

Question 3

what is a stockout cost?

Answer 3

cost for delaying products

• ->loss in costumers
• -> damage of company image

estimation

Question 4

how do you calculate the production need?

Answer 4

demand forecast+safety stock - stock

Question 5

how do you calculate safety stock?

Answer 5

0,25*demand forcast

Question 6

how do you calculate final stock?

Answer 6

initial stock+ production needs-demand forecast

Question 7

Pros and cons with strategy “just produce what is needed”?

Answer 7

pros:

1. no stock cost
2. only hiring cost

cons:
1. overstock

Question 8

pros and cons with leveling the labour force to the average demand and keep it constant?

Answer 8

pros:

cons:

1. risk stockout
2. risk stocker

THE LOWEST COST

Question 9

pros and cons with leveling the labour force to the average demand and subcontract to avoid stockout?

Answer 9

pros:

cons:
1. stockover cost
2.

Question 10

pros and cons with leveling the labour force to the average demand and use extra-hours to avoid stockout?

Answer 10

pros:

cons:
1. restrained by the law (3h)
2.

Question 11

what is master (managers) production scheduling?

Answer 11

1. concretization of aggregate planning
2. scheduling of the volume to produce for each product
3. it avoids stockout situations and allows stocks leveling
4. the time frame is usually a week or higher than the product manufacturing lead time

Question 12

what does the master production scheduling retrieves information on?

Answer 12

1. volume of available product for sales
2. the stocks volume revolution
3. compares the products sold with the sales forecasting