ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

PRODUCTION PLANNING AND CONTROL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It is used to define the material to be produced, plant location where production has to be done, date and time of production, and quantity of goods required.
A
Production order
B
Planned order
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A production order is used to define the material to be produced, plant location where production has to be done, date and time of production, and quantity of goods required.

Detailed explanation-2: -Answer: MRP run or planning run is an engine which is used to fill demand and supply gap. Issues & Receipts are called MRP Elements. Issues include PIRs, Dependent Requirements, Order Reservations, Sales Orders, Issuing stock Transfer Orders, etc.

Detailed explanation-3: -Repetitive manufacturing is mainly used for the production scenarios with high product stability, high repetition rates, and low product complexity.

Detailed explanation-4: -Production orders are the central components of application’s manufacturing functionality and they contain the following information: Products planned for manufacturing. Materials required for the planned production orders. Products that have just been manufactured. Materials that have already been selected.

There is 1 question to complete.