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PRODUCTION                   PLANNING                                   & CONTROL Group
2 Dec-10
Topics to be covered ,[object Object]
 Demand Forecasting
 Aggregate Production Planning
 Strategies of Aggregate Planning
 Scheduling
 Workforce Planning
 Materials Requirement Planning
 Capacity Planning
 Production Control using JIT
 Shop-Floor Control3 Dec-10
The need for Production Planning Addresses decisions on ,[object Object]
Utilization
Allocation    of limited production resources Resources include the production facilities, labor and materials.  Constraints include the availability of resources, delivery times for the products and management policies.  4 Dec-10
The need for Production Planning Main objective is to take appropriate decisions. Typical decisions ,[object Object]
Production lot sizes
Assignment of overtime
Sequencing of production runs5 Dec-10
The need for Production Planning Functions of  PPC 6 Dec-10
Demand Forecasting Objective  ,[object Object],Laws of Forecasting ,[object Object]
Forecasts always change
The further into the future, the less reliable the       forecast will be 7 Dec-10
Demand Forecasting Qualitative Demand Forecasting ,[object Object]
Delphi Technique
Game Theory
Intentions and Expectations Surveys
Conjoint Analysis8 Dec-10
Demand Forecasting Quantitative Demand Forecasting ,[object Object]
Quantitative Analogies
Neural Networks
Data Mining
Causal Models
Segmentation9 Dec-10
Aggregate Production Planning Objective ,[object Object]
To establish rough product mix
To anticipates bottlenecks
To align capacity and workforce plans.It is usually done for next 2 to12 months. Demand changes over a period of time at a faster rate than the resources. Aggregate planning offers strategies to absorb these fluctuations. 10 Dec-10
Aggregate Production Planning Guidelines for Aggregate Planning ,[object Object]
Consider company policies that may have impact
Determine capacities for each period    Regular time, overtime, subcontracting, etc. ,[object Object]
Determine costs of operation

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