Topic 7 Flashcards
What are the two main strategies for production and inventory planning?
The two main strategies for production and inventory planning are push and pull strategies.
What is the goal of a push strategy in production planning?
Push strategies attempt to organize production to meet predicted demand.
What is the goal of a pull strategy in production planning?
Pull strategies allow production to be controlled by actual demand.
What is an example of a push strategy in production planning?
An example of a push strategy in production planning is Materials Requirement Planning (MRP).
What is an example of a pull strategy in production planning?
An example of a pull strategy in production planning is Just in Time (JIT), which seeks to minimize waste.
What strategy might large, complex or geographically distributed companies apply in production planning?
Large, complex or geographically distributed companies may apply Distributed Planning and Control, which may be heterarchical or semi-heterarchical in structure.
What is ‘Kanban’ in the context of JIT production planning?
Kanban is a ‘pull system’ planning technique in JIT, in which a system of cards is used to signal the need to deliver and produce more parts. The Kanban system is designed to minimize the work-in-progress quantities.