ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The purpose of Production Planning in a Factory (Manufacturing) so that the use of the Production Planning Module is EXCEPT:
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Use of Raw Materials and Inventory in the most efficient position
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The production level is adjusted to the Sales Plan/Forecasting so that the stock (inventory) in the Warehouse can be managed as efficiently as possible
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Utilization of machines and other resources owned by the company can be maintained at full capacity level so that investment and overhead costs can be reduced as efficiently as possible
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Can dominate the market because it can store/hoard stock of goods or hoard raw materials at the lowest price level
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Explanation:
Detailed explanation-1: -Production Planning and Control aims to ensure cost-efficient and timely manufacturing of goods by coordinating with multiple departments. Its focus is to ensure the delivery of goods within the stipulated time to enhance customer satisfaction.
There is 1 question to complete.