PR402
MANUFACTURING PLANNING AND CONTROL
Demand forecasting - time series forecasting models - delphi method of forecasting -forecast errors
Functions of production control, -product development and design - standardisation, simplification and specialisation-break even analysis- process planning steps-CAPP
Inventory control- need for inventory-purchase order model-model with and without shortages
Production batch and allocation problems - minimum cost batch size- production range- maximum profit batch size - Allocation of work to machine
Problems of scheduling-expediting
REFERENCES
Samuel Eilon, "Elements of Production Planning and control", Universal Book Corp., 1984.
Buffa, E.S., "Modern Production/Operations Management", 7th edition, John Wiley sons, 1983.
Scheele,etal, "Principles & Design of Production Control Systems", Prentice Hall Inc.