What is production planning and control and its functions?

Production planning and control is a predetermined process that plans, manages, and controls the allocation of human resources, raw material, and machinery to achieve maximum efficiency.

What is production planning and inventory control?

PPIC is the practice of planning a manufacturing process and controlling the inventory of raw materials to be produced into finished goods. It is also a department in a manufacturing company that is responsible for planning and controlling a series of processes, making sure they run according to the predetermined plan.

What is the function of production planning?

Involves deciding the quantity of products to be produced and cost involved in it on the basis of sales forecast. This is the process of determining the sequence of operations to be performed in the production process.

What is the function of production control?

Production control is the task of predicting, planning and scheduling work, taking into account manpower, materials availability and other capacity restrictions, and cost so as to achieve proper quality and quantity at the time it is needed and then following up the schedule to see that the plan is carried out, using …

What are the functions of production planning and control Mcq?

planning for human resource requirements and managing demand. attempting to manage demand to keep equipment and employees working. smoothing the production rate.

What is the difference between production planning and production control?

Production planning decides the operations which are required for production. Production control regulates and supervises the operations required for production.

Which are the functions of production planning and control Mcq?

What function of production planning and control determines the starting time and finishing time for each operation?

Scheduling is concerned with preparation of machine loads and fixation of Starting and completion dates for each of the operations. Machines have to be loaded according to their capability of performing the given task and according to their capacity.

What are the 4 main types of production?

Four types of production

• Unit or Job type of production.
• Batch type of Production.
• Mass Production or Flow production.
• Continuous production or Process production.

What is the meaning of production control?

Definition of production control : systematic planning, coordinating, and directing of all manufacturing activities and influences to ensure having goods made on time, of adequate quality, and at reasonable cost.

What are the tools of production planning and control?

One important tool that is commonly used to represent the production schedule is a Gantt chart. The move from paper schedules to spreadsheets and then to real-time, integrated Gantt screens in advanced planning and scheduling (APS) systems have revolutionized manufacturing and production planning.

What do you mean by production planning?

Production planning is the planning of production and manufacturing modules in a company or industry. It utilizes the resource allocation of activities of employees, materials and production capacity, in order to serve different customers.

What are the primary objectives of control over inventory?

Two primary objectives of control over inventory are safeguarding the inventory from damage or theft and: (Recording inventory on the balance sheet only, Reporting inventory in the financial statements, Reporting costs to inventory, Recording inventory cost flow assumptions.)

What is the production planning process?

Production Planning is the process of aligning demand with manufacturing capacity to create production and procurement schedules for finished products and component materials.

How production planning is done?

Estimate product demand — This will a give a rough outline of how many products should be produced in a given time…

What is the goal of inventory control?

The goal of inventory control is to generate the maximum profit from the least amount of inventory investment without intruding upon customer satisfaction levels. Given the impact on customers and profits, inventory control is one of the chief concerns of businesses that have large inventory investments, such as retailers and distributors.