UP 6 - Planning and Control - IE 197 Planning and Control...

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5/19/11 Planning and Control IE 197
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5/19/11 Reconciling Demand with Supply Planning – act of setting down expectations of what should happen Directs long-term expenditure Supply of products and services The operation’s resources Demand for products and services The operation’s customers PLANNING AND CONTROL Activities which reconcile supply and demand
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5/19/11 Types of Demand Dependent demand Relatively predictable Independent demand Based on what management believes the market will require
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5/19/11 Planning and Control Long-term Making long-term investments or divestments to meet expected level of demand Medium-term Some of the resources are fixed and forecasts becomes more certain Short-term – day to day Master plan Loading – deciding who, what will do what; assigning products to work centers
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5/19/11 Activities in Planning & Control Capacity Planning – plans/controls the use of resources Inventory Planning & Control – manages physical stocks to meet end demand Supply Chain Planning & Control – manages flow of goods and services in the supply network MRP – plans/controls independent demand
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5/19/11 Capacity Planning and Control Capacity Maximum throughput of an operation over a
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