CBM 113 Lesson 3 Flashcards
It is the procedure used to conclude how much capacity is needed to construct greater product or begin product. The method is needed to achieve maximum firm performance.
CAPACITY PLANNING
It is the process of ensuring that sufficient production resources are available to meet an organization’s long range production needs.
Long Term Capacity Planning
It concerns issues of scheduling, labor shifts, balancing resource capacities. Its goal is to handle unexpected shift demands in an ancient economic manner.
Short Term Capacity Planning
a production planning method that assumes available capacity is a definite constant, thereby identifying the actual capacity limits of your production facility.
Finite Capacity Planning
a method of planning production that leave
orders on the existing dates and shows whether the load on a resource is over or under its defined capacity, without recommending changes.
Infinite Capacity Planning
What are the 4 TYPES OF CAPACITY PLANNING TECHNIQUES
Capacity Planning using Overall Factors (CPOF)
Capacity Bills
Resource Profiles
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
It 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 is minimized.
Aggregate Plan
Steps taken to produce and aggregate plan
• Determinant of demand
• Determinant of current capacity
What are the AGGREGATE PLANNING
STRATEGIES
Level Strategy
Chase Strategy
It seeks an aggregate plan that maintains a steady production rate and employment level.
Level Strategy
Is referred to as demand matching because the strategy varies production to meet demand.
Chase Strategy
It is establishing time and resources.
Operations Scheduling
It is manufacturing items as soon as possible
before the due date.
Forward Scheduling
It makes their items available at the last
possible available period before the due date.
Backward Scheduling
assigning jobs to work centers and various machines.
Loading
It schedules work ignoring the capacity limits.
Infinite Loading
It schedules work up to fixed amount of capacity.
Finite Loading
It is identifying suitable equipment’s for production.
Equipment Selection
It produces multiple units in a series.
Batch Production
produces a larger-sized products at a time.
Mass Production
An estimate of demand for each period in the planning horizon, expressed by the number of acceptable or good or conforming units needed per period, and obtained from a detailed demand forecast.
MEASURING CAPACITY
