GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are MATERIALS strategies?
A
Computer Aided Design
B
Just in Time
C
Automated Production Line
D
Master Production Schedule
Explanation: 

Detailed explanation-1: -A master production schedule (MPS) delineates what products a manufacturer will produce, when and in what quantities. An MPS links sales demand with manufacturing capacity. The purpose of master production scheduling is to create a realistic plan that minimizes overstock while maximizing on-time delivery.

Detailed explanation-2: -The main strategies used in production planning and control are the chase strategy, level production, make-to-stock, and assemble to order.

Detailed explanation-3: -Create optimized schedules that balance production efficiency and delivery performance. Maximize throughput on bottleneck resources to increase revenue. Synchronize supply with demand to reduce inventories. Provide company-wide visibility to resource capacity. More items •25-Jan-2021

Detailed explanation-4: -Map your demand and make a Demand Plan. Work out the raw materials you need and get your supply chain up and running with production planning processes. More items •21-Feb-2023

There is 1 question to complete.