Capacity and aggregate planning Flashcards
Four types of capacity planning
- Long-term capacity planning
- Short- term capacity planning
- Finite capacity planning
- Infinite capacity planning
Capacity Planning Techniques
- Capacity Planning using Overall Factors (CPOF) -
- Capacity Bills
- Resource Profiles
- Capacity Requirements Planning (CRP)
Is a C2 software system that allows commanders to maintain top sight over the battlefield;
collaborate with superior, peers and subordinates over live data; and communication their
intent
Capacity Planning using Overall Factors (CPOF)
This technique takes Bill of Material used and parts produce, work center setup and actual
run times and computes capacity by multiplying the number of units required by the time
needed to produce each
Capacity Bills
Method is one of the techniques that can be used for a company’s resource requirements
planning. Includes the time-phased profile of the capacity requirements for each end item.
Resource Profiles
Is the process of determining the production capacity needed by an organization to meet
changing demands for its products.
Capacity Requirements Planning (CRP)
It is a process of developing, analyzing and maintaining a preliminary, approximate
schedule of the overall operations of an organization.
Aggregate Planning
Generally contains targeted sales forecast, production levels, inventory levels and
customer backlogs. is an attempt to balance capacity and demand in such a way that cost are minimized.
Aggregate Plan
used because planning at this level includes all resources. (Product
line or Family)
Aggregate
seeks to an aggregate plan that maintains a steady production rate
and/or a steady employment level. To satisfy changes in customer demand, the firm
must raise or lower inventory levels in anticipation of increased or decreased levels of
forecast demand.
Level Strategy
allows inventory to be held to the lowest level
possible, and for some firms, this is a considerable savings. Most firms embracing
the just-in-time production concept utilize a chase strategy approach to aggregate
planning
Chase Strategy
is method of reaching correct solution or
satisfactory result by trying out various means or theories until error is sufficiently
reduced or eliminates
Informal trial-and-error techniques
Symbol used in all branches of mathematics a formula or to represent a constant. A
mathematical concept is independent of the symbol chosen to represent it.
Mathematical techniques
Scheduling pertains to establishing both the timing and use of resources within an organization
Operations Scheduling
pertains to establishing both the timing and use of resources within an organization
Scheduling
