Topic- 7 Systems for production and inventory planning

Question 1

What are the two different types of productiom and inventory planning?

Answer 1

Push and Pull

Question 2

What are push strategies?

Answer 2

Attempt to organise production to meet predicted demand

Question 3

What are pull strategies?

Answer 3

Allow production to be controlled by actual demand

Question 4

What is a type of push strategy?

Answer 4

Materials requirement planning(MRP)

Question 5

What is a type of pull strategy?

Answer 5

Just in Time(JIT)
seeks to minimise waste

Question 6

What do large, complex or widely geographically distributed companies apply?

Answer 6

Distributed planning and control
it organisation structures may be heterarichical or semi-heterarchical