MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS PLANNING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Organization can deliver a product in a timely and regular manner, suppliers are informed will in advance for the requirement of raw materials, it reduces investment in inventory and It reduces overall production cost by driving in efficiency are the steps of ____ ( Unit 33-KLO 2-4)
A
Procurement controlling
B
Production planning.
C
Planning.
D
Controlling.
Explanation: 

Detailed explanation-1: -Solution: Scheduling is related to the timetable in production planning and control activities.

Detailed explanation-2: -Production Planning and Control aims to ensure cost-efficient and timely manufacturing of goods by coordinating with multiple departments.

Detailed explanation-3: -Routing-Scheduling-Dispatching-Follow up. Scheduling-Routing-Dispatching-Follow up. Dispatching-Routing-Scheduling-Follow up.

Detailed explanation-4: -Three common types of manufacturing production processes are: make to stock (MTS), make to order (MTO), and make to assemble (MTA). Such strategies have advantages and disadvantages in labor costs, inventory control, overhead, customization, and the speed of production and filling orders.

There is 1 question to complete.