operation planning system


  • revenue management 
    • the process of allocating the right type of capacity to the right type of customer at the right price and time 
    • to maximize revenue or yield 
    • to influence market demand 
    • to making demand more predictable 
  • differential pricing 
    • changing different prices to different customers 
  • dynamic pricing 
    • charging different prices over time 
  • agregatte operations plan 
    • product group or board category ( aggregation) 
    • specify the optimal combination of 
      • production rate ( units completed per unit of time 
      • workforce level ( number of workers) 
      • inventory on hand ( inventory carried from previous period) 
  • stages of aggregate production 
    • chase strategy 
    • level strategy 
  • production strategy 1 - chase strategy 
    • match the production rate by hiring and laying off employees 
    • must have a pool of easily trained applicants to draw on 
  • production planning strategy 2 - level strategy 
    • maintain stable workforce 
    • demand changes are absorbed by fluctuating inventory levels, order backlogs and lost 
  • production planning strategy 3 - subcontract 
    • similar to chase strategy 
    • hiring and laying off are translated 
  • production planning strategy 4- stable work force, variable work hours 
    • vary the number of hours worked through flexible work schedules or overtime 
  • outline of planning 
    • sales and operations 
    • aggregate production 
  • master production schedule 
    • aggregate plan provides the family products to produce 
    • master production schedule specify how many and when the firm plans to build each end item 
  • materials requirments planning 
    • a means for determining the number of parts, components, and materials needed to produce a product 
    • dependent demand drives MRP

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