PRODUCTION OPERATIONS MANAGEMENT

Jun 28th, 2015
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A. T. Still University
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Manufacturing planning comprises planning, routing and scheduling function while mfg. control comprises of Dispatching, follow up and inspection function Planning and control are two basic and interrelated managerial functions Planning is a pre-operation and control is a post-operation function

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PLANNING AND CONTROL1) PLANNING & CONTROL CYCLE:It has following steps:1) Identify Objectives: Like maximize profits, increase market share, produce better quality product etc2) Identify Potential Strategies: by position audit or strategic analysis, gather information to identify potential strategies3) Evaluate Strategies: in term of suitability, feasibility and acceptability4) Choose alternative course of action: collect the chosen strategies together and coordinate them into long tern financial plan5) Implement the long term plan: break long term plan into smaller parts (one year budgets)6) Measure actual result and compare with the plan7) Respond to divergence from the plan 2) THE CONTROL PROCESS:Control is achieved through control cycle. The elements in control cycle are as follow:1) Plans & targets are set for future e.g. budgets, profit targets, standard costs etc

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