PRODUCTION PLANNING and SCHEDULING Learning Objectives: 1. Define manufacturing, production, service production. 2. Differentiate production planning and scheduling. The process of turning raw materials or parts into finished goods. MANUFACTURING 20XX 5 PRODUCTION the practice of converting raw materials or inputs in a manufacturing process into finished goods or products. ❖making of furniture out of full-grown trees ❖planting and harvesting crops. 20XX 6 Service Production The method of providing service to customers. Examples include financial services, information technology and hospitality. 20XX 7 Production Planning and Scheduling in Manufacturing 20XX 8 Production Planning Involves strategic decisionmaking to determine the optimal production strategy, resource allocation, and scheduling to meet customer demand and organizational objectives. 20XX 9 The main objectives of production planning include: •Forecasting customer demand and market trends •Setting production goals and objectives •Determining the types and quantities of products to be produced •Identifying the necessary resources (materials, equipment, labor, etc.) •Allocating resources efficiently •Developing manufacturing schedules and timelines 20XX 10 Production Scheduling Entails the creation of a comprehensive and detailed timetable outlining the specific order and timing of production activities. 20XX 11 The primary objectives of production scheduling include: •Sequencing the order of production tasks •Assigning resources (equipment, labor, etc.) to specific tasks •Minimizing idle time and maximizing resource utilization •Adapting to changes in customer demand or unforeseen disruptions •Ensuring timely delivery of products 20XX 12 Difference between production planning and production scheduling Production planning Production Scheduling VS 20XX 13 Difference between production planning and production scheduling Production planning focuses on the big picture and long-term decisions ensuring production activities align with overall business strategy and customer demand. VS Production Scheduling focuses on short-term decisions that aim to optimize efficiency, minimize costs, and maintain a smooth workflow within the production process. 20XX 14