Presented By :

AVINASH B. PRAKSHALE CLASS:S.Y.B.M.S. DIV: B ROLL NO. 17064

SUBJECT:P.MGMT & M. MGMT

Definition:
Activities involved in handling materials, parts, assemblies, and subassemblies, from their raw or initial stage to the finished product stage in an organized and efficient manner. It may also include activities such as planning, scheduling, routing, dispatching, storage, etc.

Topic:
Role of Control In Production:
The main components of the PC system

Qualitative/quantitative forecasting planning

Aggregate

Material requirement planning

Inventory control Scheduling

The theory of constraints and its applications

Push and Pull production systems

Main Function of P.M.

Forecasting to predict customer demand on various products over a given horizon. Aggregate Planning to determine overall resources needed.

Materials Requirement Planning to determine all required components and timing.

Inventory Management to decide production or purchase quantities and timing. Scheduling to determine shop-floor schedule of various components.

Production Control Purpose:

Purpose Effectively utilize limited resources in the production of goods so as to satisfy customer demands and create a profit for investors. Resources include the production facilities, labor and materials. Constraints include the availability of resources, delivery times for the products, and management policies.

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