Discuss in detail about production and planning control
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Planning and control are an essential ingredient for success of an operation unit. The benefits of production planning and control are as follows:
It ensures that optimum utilization of production capacity is achieved, by proper scheduling of the machine items which reduces the idle time as well as over use.It ensures that inventory level are maintained at optimum levels at all time, i.e. there is no over-stocking or under-stocking.It also ensures that production time is kept at optimum level and thereby increasing the turnover time.Since it overlooks all aspects of production, quality of final product is always maintained
It ensures that optimum utilization of production capacity is achieved, by proper scheduling of the machine items which reduces the idle time as well as over use.It ensures that inventory level are maintained at optimum levels at all time, i.e. there is no over-stocking or under-stocking.It also ensures that production time is kept at optimum level and thereby increasing the turnover time.Since it overlooks all aspects of production, quality of final product is always maintained
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It utilizes the resource allocation of activities of employees, materials andproduction capacity, in order to serve different customers. ... Production planning can be combined withproduction control into production planning and control, or it can be combined .enterprise resourceplanning
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