productionplanning
Production planning is the process of organizing manufacturing activities to ensure that production capacity is used efficiently to meet forecasted demand. It translates strategic objectives into concrete plans that specify what to produce, when, and with which resources. Production planning is distinct from production control, which focuses on execution and shop-floor adherence.
Key components of production planning include demand forecasting, capacity planning, master production scheduling (MPS), material requirements
Time horizons in production planning range from long-term strategic planning (months to years) such as aggregate
Tools and metrics commonly used in production planning include enterprise resource planning (ERP) systems, MRP/MRP II,
Challenges in production planning arise from demand variability, supply chain disruptions, lead time fluctuations, and setup