What is objective of production planning in industrial management?
Answers
Hey Mate
The project management triangle is used by managers to analyze or understand the difficulties that may arise due to implementing and executing a project. All projects irrespective of their size will have many constraints.
Although there are many such project constraints, these should not be barriers for successful project execution and for the effective decision making.
There are three main interdependent constraints for every project; time, cost and scope. This is also known as Project Management Triangle.
Let's try to understand each of the element of project triangle and then how to face challenges related to each.
hope it helps you
Answer:
The ultimate goal of production planning is to boost productivity while remaining cost-effective.
Explanation:
By making the most use of already available labour and production resources and reducing waste and material spoilage, productivity can be increased. Resource optimization and resource scheduling to satisfy production demand are the main goals of production planning and control. Make sure the schedule is effective. Have the necessary resources on hand. Production planning and control's primary goal is to create a coordinated workflow that will result in the production of the needed number of goods in the required quantity and of the required quality at the required time with the greatest possible efficiency. It enhances both customer-dependent and customer-independent processes, such as production cycle time and on-time delivery.
Thus, production planning is crucial because it establishes an effective production process based on organisational and customer requirements.