MBA690 production planning helps to ensure effective resource utilization. Primarily, it is the act of developing a guide for the design and production of a product or service. Moreover, it helps organizations to make the production process efficient. It optimizes both the customer-dependent processes and customer-independent processes. Furthermore, a good production plan minimizes the time between the placing of an order and the delivery of that order. This time may vary depending on the type of production planning and the company. Additionally, to serve different customers, production planning uses resource allocation of activities of employees, materials, and the production capacity.
THE OBJECTIVES OF MBA690 PRODUCTION PLANNING
Fundamentally, MBA690 production planning aims to ensure continuous and steady production flow. This is through ensuring the maximum usage of all the machines. Moreover, regular and steady production ensures consistent supply to the customers. Production planning also helps in the estimation of the resources that the production process requires. This estimate is essential in sales forecasting to ensure proper synchrony between production and sales. Furthermore, production planning ensures appropriate and effective resource utilization to avoid wastage of available resources. Proper planning ensures minimum wastage of raw materials. Moreover, it enhances coordination between different production departments to make necessary changes in different areas of production.
THE IMPORTANCE OF EFFECTIVE RESOURCE UTILIZATION
Effective resource utilization prevents overutilization or underutilization of resources. Furthermore, it enables project managers to reallocate resources as quickly as possible to prevent problems from surfacing. Resource utilization in the production process helps to maintain productivity by preventing underperformance of staff and overburdening of staff. Additionally, effective resource utilization is a goal of MBA690 production planning that enables a company to maximize its return on investment by optimizing the usage of available resources and avoiding wastage.