importance of production_management_system

May 29th, 2015
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Abraham Lincoln University
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Que 01 Production Scheduling is the process of generating “to-do” lists or dispatch lists for the shop floor. As part of a larger planning and scheduling process, production scheduling is essential for the proper functioning of a manufacturing enterprise. Production scheduling is the allocation of resources and the sequencing of tasks to produce goods and services. Production scheduling specifies the time each job starts and completes on each machine, as well as any additional resources needed.

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Que 03 The make-or-buy decision is the act of making a strategic choice between producing an item internally (in-house) or buying it externally (from an outside supplier). The buy side of the decision also is referred to as outsourcing. Make-or-buy decisions usually arise when a firm that has developed a product or partor significantly modified a product or partis having trouble with current suppliers, or has diminishing capacity or changing demand.Make-or-buy analysis is conducted at the strategic and operational level. Obviously, the strategic level is the more long-range of the tw

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