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Lecture 28 Aggregate Production Planning
 
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Aggregate Planning Objectives of Aggregate Planning Quantitative Techniques For Aggregate Planning
What is PRODUCTION PLANNING? What does PRODUCTION PLANNING mean? PRODUCTION PLANNING meaning
 
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✪✪✪✪✪ Download DENTCOIN mobile application - https://dent.app.link/DMolgDMqRT and get FREE 599 Dentcoins, most practical cryptocurrency on the market, which you can use to top up your mobile data plans in 40+ countries around the world. Visit: https://dent.app.link/DMolgDMqRT and click on Dent App on the top to chose iPhone or Android version. ✪✪✪✪✪ What is PRODUCTION PLANNING? What does PRODUCTION PLANNING mean? PRODUCTION PLANNING meaning - PRODUCTION PLANNING definition - PRODUCTION PLANNING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Production planning is the planning of production and manufacturing modules in a company or industry. It utilizes the resource allocation of activities of employees, materials and production capacity, in order to serve different customers. Different types of production methods, such as single item manufacturing, batch production, mass production, continuous production etc. have their own type of production planning. Production planning can be combined with production control into production planning and control, or it can be combined and or integrated into enterprise resource planning. Production planning is used in companies in several different industries, including agriculture, industry, amusement industry, etc. Production planning is a plan for the future production, in which the facilities needed are determined and arranged. A production planning is made periodically for a specific time period, called the planning horizon. It can comprise the following activities: Determination of the required product mix and factory load to satisfy customers needs. Matching the required level of production to the existing resources. Scheduling and choosing the actual work to be started in the manufacturing facility" Setting up and delivering production orders to production facilities. In order to develop production plans, the production planner or production planning department needs to work closely together with the marketing department and sales department. They can provide sales forecasts, or a listing of customer orders." The "work is usually selected from a variety of product types which may require different resources and serve different customers. Therefore, the selection must optimize customer-independent performance measures such as cycle time and customer-dependent performance measures such as on-time delivery." A critical factor in production planning is "the accurate estimation of the productive capacity of available resources, yet this is one of the most difficult tasks to perform well." Production planning should always take "into account material availability, resource availability and knowledge of future demand."
Views: 27673 The Audiopedia
Material requirement planning (MRP)
 
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MRP is a very important and a very simple engine that drives material planning in most manufacturing companies. In this video, I try to explain the conceptual idea of MRP.
Views: 70876 Piyush Shah
Aggregate Planning
 
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Covers aggregate planning and includes topics such as, - aggregate planning inputs and outputs - demand and capacity options - master schedule and scheduling process - time fences
Views: 33042 Bharatendra Rai
Aggregate Planning
 
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The video explains the basics of aggregate planning.
Views: 15666 Piyush Shah
Resource Capacity Planner - Excel Template - Team Capacity  (Hours) Planning
 
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In this article, we will be taking up monthly capacity planning for a team. We will be using the Resource Capacity Planner Excel Template in this exercise. (Link: https://indzara.com/product/resource-capacity-planner-excel-template/) SCENARIO: We are responsible for planning our team’s capacity every month. We need to have a realistic view of how much work can be done by our team next month, taking into account the availability of each of our team members during the month. This will allow us to commit to our leadership on deliverables’ scope and if needed ask for more resource or to reduce the deliverables. Resource Capacity Planner Excel template is helpful in understanding the available resource capacity, comparing with demand and identifying surplus/deficit capacity by skill groups. The template takes the resource availability, holidays, weekends, overtime and vacation data to calculate capacity. Then, based on your input demand data, it can calculate the surplus/deficit capacity. In addition, you can generate an employee availability report. It can be used in different environments. For example, a manager leading a team can use this to plan capacity of his team every month. A project manager who is working on a multi-month long project can plan the resource capacity for the entire duration. This can also be used outside corporate environments wherever you want to compare demand vs capacity. Simple and Effective Excel Templates: http://www.indzara.com/ Free Excel Templates: http://www.indzara.com/free-excel-tem... Premium Excel Templates: http://www.indzara.com/shop/ Project Management Templates: http://www.indzara.com/project-manage... Inventory Management Templates: http://www.indzara.com/inventory-mana... Free Excel Course: http://www.indzara.com/useful-excel-f... Social: Subscribe to YouTube: http://www.youtube.com/user/theindzar... Facebook: https://www.facebook.com/theindzara YouTube: https://www.youtube.com/user/theindzara LinkedIn: https://www.linkedin.com/company/indzara Twitter: https://www.youtube.com/user/theindzara -~-~~-~~~-~~-~- Please watch my latest video: "Highlight events, weekends and holidays on calendar in Excel" https://www.youtube.com/watch?v=b0lWFlhAj3k -~-~~-~~~-~~-~-
Views: 51940 Indzara
How to Optimize Your Production Processes
 
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Whether for plant and system engineering or for series production, optimum utilization of all resources, minimum stock on hand, and a high delivery reliability are major success factors for all medium-sized industrial companies. The increasing number of changes on short notice make it necessary to reschedule material, tools, machines, personnel as well as areas, plants, or transport options constantly and in real time. The solution is Advance Planning and Schedule (APS). This function of the ERP software proALPHA not only includes all resources in production planning. The APS also allows to meet delivery dates even in the case of short-term changes. Let the hidden champions show you how! More information on the topic of production can be found here: http://www.proalpha.com/en/erp-system/production.html Topics of this video: - Production planning and control (PPS) - Real-time optimization in production - Integrated multi-resource planning - Avoiding overtime or outsourcing of work orders to the extended workbench due to bottlenecks - Determination and monitoring of dates - Project management - Reduction of the shortage rate and management of shortage parts - Reduction of stock on hand - Advanced Planning and Scheduling (APS)
Views: 5653 proALPHA ERP
Production, Techniques & Technology
 
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From the lecture; Intensive Production Systems for Urban Farms. Filmed at Northereastern University, Boston, MA, March 4, 2017. SUB: http://bit.ly/2d7dQgd POPULAR VIDEOS: http://bit.ly/2cmcFLe ↓↓↓↓↓↓↓↓↓ CLICK “SHOW MORE” FOR RESOURCES ↓↓↓↓↓↓↓↓↓↓ Support through Patreon: http://bit.ly/2h050EF DONATE TO THE SHOW!! $5 - http://bit.ly/2hJxHUT $10 - http://bit.ly/2hOFgth $20 - http://bit.ly/2gPJrmM Donate any amount - http://bit.ly/2h0KfKw UPCOMING 2017 IN-FIELD WORKSHOPS: www.theurbanfarmer.co/events Music by Otis McDonald. facebook.com/GreenCityAcres twitter.com/GreenCityAcres ___ FARM EQUIPMENT I USE: Quick Cut Greens Harvester: http://bit.ly/1W3nLGb Knife and Tool Sharpener: http://bit.ly/29DHlos Jang Seeder: http://goo.gl/XGvJtl Row Bags: http://goo.gl/eI1CLp Insect Netting: http://goo.gl/rjyimK The Coolbot: http://bit.ly/2l6DhEx ___ CAMERA EQUIPMENT I USE: http://bit.ly/2jXwgmk
Project Scheduling - PERT/CPM | Finding Critical Path
 
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This video shows how to • Construct a project network • Perform Forward and backward passes • Determine project completion time • Calculate slack values • State the critical path Node convention used based on: Quantitative Methods for Business by David Anderson, Dennis J. Sweeney, and Willard Thorp
Views: 121931 Joshua Emmanuel
Project Planning Process: 5 Steps To Project Management Planning
 
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Director Jennifer Whitt takes you through all 5 steps of the project planning process. Try our award-winning PM software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectPlanningProcess5StepsToProjectManagementPlanning You know the importance of project planning. But do you suffer from analysis paralysis regarding the project planning process? These five steps can help: 1) Project Plan 2) Breakdown of Deliverables 3) Determining of Dependencies, Critical Path, Issues, Risk & Resources 4) Create Timeline 5) Assigning of Resources Learn why smart project managers always use project planning templates (project planners) as well as project planning software with document sharing. Once you've seen the video and noted the 5 critical steps you must take when planning your project, click on the link below to claim your 30-day free trial of ProjectManager.com, the world's leading project management planning software tool. https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectPlanningProcess5StepsToProjectManagementPlanning To see another great video about the project planning process, check out "Project Management Planning & Execution". Click the link below: https://www.youtube.com/watch?v=kTHBMunWD8M
Mod-1 Lec-1 Production Planning and Control
 
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Lecture Series on Industrial Engineering by Prof. P.K.Jain, Department of Mechanical and Industrial Engineering, IIT Roorkee. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 243232 nptelhrd
Lecture 26 Production Planning and Control
 
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Definition of PPC Objectives of PPC Functions of PPC Benefits and Limitations of PPC
Aggregate Planning
 
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Based on Chapter 13 of Heizer and Render
Views: 71117 Dr. Harvi Millar
MRP - Material Requirements Plan
 
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6 more Project Management Videos for you at http://eddansereau.com/projectmanagement.html Basic MRP plus examples, text, and quizzes. All rights reserved, copyright 2014 by Ed Dansereau
Views: 241327 Ed Dansereau
Production Planning and control ( 1 )
 
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Production planning is the planning of production and manufacturing modules in a company or industry. It utilizes the resource allocation of activities of employees, materials and production capacity, in order to serve different customers.[1] Different types of production methods, such as single item manufacturing, batch production, mass production, continuous production etc. have their own type of production planning. Production planning can be combined with production control into production planning and control, or it can be combined and or integrated into enterprise resource planning. Production planning is used in companies in several different industries, including agriculture, industry, amusement industry, etc. Production planning is a plan for the future production, in which the facilities needed are determined and arranged.[2] A production planning is made periodically for a specific time period, called the planning horizon. It can comprise the following activities: Determination of the required product mix and factory load to satisfy customers needs.[3] Matching the required level of production to the existing resources.[4] Scheduling and choosing the actual work to be started in the manufacturing facility"[1][1] Setting up and delivering production orders to production facilities.[5] In order to develop production plans, the production planner or production planning department needs to work closely together with the marketing department and sales department. They can provide sales forecasts, or a listing of customer orders."[6] The "work is usually selected from a variety of product types which may require different resources and serve different customers. Therefore, the selection must optimize customer-independent performance measures such as cycle time and customer-dependent performance measures such as on-time delivery."[1] A critical factor in production planning is "the accurate estimation of the productive capacity of available resources, yet this is one of the most difficult tasks to perform well."[7] Production planning should always take "into account material availability, resource availability and knowledge of future demand."[5]
Views: 16362 EGY Courses
MATERIAL REQUIREMENT PLANNING IN HINDI | Meaning | Objectives | Operations Management | BBA/MBA ppt
 
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#YouTubeTaughtMe PRODUCTION AND OPERATIONS MANAGEMENT (POM) This video consists of followings: 1. Concept and meaning of Materials Requirement Planning (MRP): Material Requirement Planning is a special technique to plan the requirements of materials for production. For the manufacturing company to produce the end items to meet demands the availability of sufficient production capacity must be coordinated with the availability of all raw materials and purchased items from which, the end items are to be produced. MRP is a computer-based system in which the given MPS (master production schedule) is exploded into the required amounts of raw materials, parts and sub-assemblies needed to produce the end items in each time period (week or month) of the planning horizon. The gross requirement of these materials is reduced to net requirements by taking into account the materials that are in inventory or on order. 2. Objectives of Material Requirement Planning: i. It determines the quantity and timing of finished goods demanded. ii. It determines the time phased requirements of the demand for materials, components and sub-assemblies over a specified planning time horizon. iii. It computes the inventories, work-in-process batch sizes and manufacturing and packing lead times. iv. It controls inventory by ordering materials and components in relation to orders received rather than ordering them from stock level point of view. v. It improves customer service by meeting delivery schedules promised and shortening the delivery lead times. vi. It reduces inventory cost by reducing inventory levels. vii. It improves plant operating efficiency by better use of productive resources. Check out my BLOG : http://www.pptwalablog.blogspot.in/ Reference books for Production management: 1. Production and Operations Management by S. Chary (Author) - https://amzn.to/2qheyi5 *** BEST ONE *** 2. Production and Operations Management by Panneerselvam (Author) - https://amzn.to/2GL3rJ5 3. Modern Production / Operations Management, 8ed - by Buffa (Author), Sarin (Author) - https://amzn.to/2uWe2LV 4. Production and Operations Management by Kanishka Bedi (Author) - https://amzn.to/2qfbQKK TAGS FOR VIDEO: material requirement planning material requirement planning ppt material requirement planning process material requirement planning example material requirement planning notes material requirement planning 2 material requirement planning nptel material requirement planning definition material requirement planning objectives material requirement planning in hindi material requirement planning pdf material requirement planning meaning material requirement planning algorithm the material requirements planning the material planning requirements process is run advantages of material requirement planning objectives of material requirement planning benefits of material requirement planning importance of material requirement planning disadvantages of material requirement planning components of material requirement planning elements of material requirement planning definition of material requirement planning material requirement planning benefits material requirement planning book pdf material requirement planning books material requirement planning basics material requirement planning case study material requirement planning concept material requirement planning calculation material requirement planning chart material requirement planning components material requirement planning calculation example material requirement planning case study ppt material requirement planning conclusion material requirement planning courses material requirement planning checklist material requirement planning diagram material requirement planning disadvantages material requirement planning database material requirement planning details material requirements planning doc material requirement planning job description material requirement planning for dummies material requirement planning excel template material requirement planning example ppt material requirement planning elements material requirement planning example pdf material requirement planning exercise material requirement planning explanation material requirement planning explosion material requirement planning formula material requirement planning functions material requirement planning flow chart material requirement planning format material requirement planning for small scale industries material requirement planning free ebooks material requirement planning framework material requirements planning gcss material requirement planning gross requirements oracle material requirement planning user guide give the material requirement planning systems structure material requirement planning history material requirement planning in hospital material requirement planning meaning in hindi
Views: 20842 Sonu Singh - PPT wale
Excel Graphical Production Planning and Control Planner, Manufacturing BOM Scheduling, Demo Part 1
 
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Excel Graphical Production Planning and Control Planner that is graphical and intuitive with 1 level of Bill of Materials look up and real time consumption Proposal and Demo.
Views: 130178 Toney Kim
Build a Material Planning Tool in Ten Minutes
 
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Build a material planning tool in an Excel spreadsheet. Quick and simple technique to project shortages and generate purchase requirements from demand, on-hand inventory and open purchase orders. Fully automated - takes inputs directly from MRP.
Views: 44933 ProductionScheduling
Production Planning - Liebetrau GmbH & Co. KG
 
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With the PRODUCTION PLANNING, you can plan and schedule your orders subject to most diverse dependencies, e.g. current resources and their limited capacities. That way you create transparency along your entire planning and ensure a quick and smooth order flow.
Views: 536 DMG MORI
What is AGGREGATE PLANNING? What does AGGREGATE PLANNING mean? AGGREGATE PLANNING meaning
 
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✪✪✪✪✪ WORK FROM HOME! Looking for US WORKERS for simple Internet data entry JOBS. $15-20 per hour. SIGN UP here - http://jobs.theaudiopedia.com ✪✪✪✪✪ ✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪ What is AGGREGATE PLANNING? What does AGGREGATE PLANNING mean? AGGREGATE PLANNING meaning - AGGREGATE PLANNING definition - AGGREGATE PLANNING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Aggregate planning is an operational activity that does an aggregate plan for the production process, in advance of 6 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of operations of the organization is kept to the minimum over that period. The quantity of outsourcing, subcontracting of items, overtime of labour, numbers to be hired and fired in each period and the amount of inventory to be held in stock and to be backlogged for each period are decided. All of these activities are done within the framework of the company ethics, policies, and long term commitment to the society, community and the country of operation. Aggregate planning has certain prerequired inputs which are inevitable. They include: 1. Information about the resources and the facilities available. 2. Demand forecast for the period for which the planning has to be done. 3. Cost of various alternatives and resources. This includes cost of holding inventory, ordering cost, cost of production through various production alternatives like subcontracting, backordering and overtime. 4. Organizational policies regarding the usage of above alternatives. "Aggregate Planning is concerned with matching supply and demand of output over the medium time range, up to approximately 12 months into the future. The term aggregate implies that the planning is done for a single overall measure of output or, at the most, a few aggregated product categories. The aim of aggregate planning is to set overall output levels in the near to medium future in the face of fluctuating or uncertain demands. Aggregate planning might seek to influence demand as well as supply.
Views: 15667 The Audiopedia
CPM - Critical Path Method||Project Management Technique||Operations Research|| Solved Problem
 
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Here is the Video about Critical Path Method (CPM) in Operations research, I have given the necessary theory explanation with Solved problem, Pls watch the complete video to understand the CPM concept, Hope this video will help you to understand in a simple way. Video for PERT - https://youtu.be/WrAf6zdteXI To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics ▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── What is CPM in operations research How to construct CPM network? What is Project management - cpm? What is forward pass and backward pass in CPM? What is Earliest time and latest completion time? How to find Free floats and total floats?
Views: 1455223 Kauser Wise
Lecture 25 Tools and Techniques used For Plant Layout Planning
 
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Operation Process Chart Flow Process Chart Flow Diagrams Scale Models
Techmentool: Production Planning (PPC)- Part 10 | Man power & method planning
 
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https://www.techmentool.com --Register & Join to watch more videos. This video will discuss the basic information about man power planning and method planning, different types of production planning of manufacturing sector. Subscribe us to know more. by Techmentool www.techmentool.com [email protected]
Solve optimization and scheduling problems with business resource planning
 
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Red Hat® JBoss® BPM Suite includes powerful new tools for optimizing and scheduling business resources. Learn how the Business Resource Planner can tackle a wide range of planning problems, from delivery routing to shift scheduling and even managing compute resources in the cloud. Learn more about JBoss BPM Suite and the business resource planner at http://redhat.com/bpmsuite
Views: 54698 Red Hat Middleware
Utilization, Scheduling, Resourcing & Capacity Forecasting
 
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Learn how to more efficiently manage your team, time, and resources to ensure every project stays on track and nobody gets burned out. You'll also learn how to better forecast and monitor utilization so that budgets don't bust and deadlines get met.
Views: 3333 Accelo
Lecture - 40 Material Requirements Planning
 
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Lecture series on Project and Production Management by Prof. Arun kanda, Department of Mechanical Engineering, IIT Delhi. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 216588 nptelhrd
Introduction to manufacturing resource planning software
 
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OpenPro’s open source ERP system provides accounting software for manufacturing companies of all sizes. OpenPro’s modular design provides manufacturers with the option to select the modules that meet their needs today, with the confidence that they can add new capabilities at any time. OpenPro modules include: Financials, Manufacturing, Distribution, Customer Relationship Management (CRM), and E-commerce. Thousands of users are relying on OpenPro ERP manufacturing software everyday!
Views: 229 OpenPro ERP
Production Planning as Linear Programming
 
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The video explains the use of Linear Programming to optimise production planning. The problem is formulated in the form of a transportation model and Microsoft Excel Solver is used to solve this formulation.
Views: 92314 Piyush Shah
Lecture 58 Materials Requirement Planning (MRP)-I
 
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Introduction to Materials Requirement Planning Material Requirements Planning System Bill of Material (BOM) file Inventory Status File
Resource Planning with Microsoft Project
 
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In this video viewers will learn how to create Work, Cost and Material resources within Microsoft Project. They will learn various methods of assigning resources, the 'Assignment Planning Variables', what 'Effort driven' is, and how to make detailed assignments.
Views: 78905 Tom Henry
Lecture 27 Process Planning
 
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Why Process Planning? Factors Affecting Process Planning Methods of Process Planning
How to Improve Your Sales Process and Increase Business
 
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For detailed notes and links to resources mentioned in this video, visit http://patrickbetdavid.com/sales-process Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ Whether you're an entrepreneur or just an independent contractor, you're a salesperson. So when somebody says, "I'm not a salesperson, I'm an entrepreneur," they don't really understand the meaning of entrepreneur. Every entrepreneur is a salesperson. So today I want you to look at this from the perspective of asking yourself where in the selling process you mess up. In this video I get into the following six parts of the sales process. #1: Prospecting - 1:56   #2: Approach and Contact - 6:40   #3: Presentation - 8:53   #4: Follow Up - 11:36   #5: Referrals -- 15:05 #6: Maintain Customer Relationships - 17:26 Subscribe to the channel: http://www.youtube.com/valuetainment?... Valuetainment- The best channel for new, startup and established entrepreneurs. Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics. For detailed notes and links to resources mentioned in this video, visit http://patrickbetdavid.com/sales-process
Views: 397553 Valuetainment
Manufacturing Planning and Control: Material Requirements Planning
 
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Material requirements planning (MRP) explanation by KEP150047 Chan Jun Hoong KEP150052 Nur' Ain Shafiqa
Views: 19 Ain Shafiqa Sharin
How to Manage Time With 10 Tips That Work
 
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Are you working on clock time or 'real' time? Learn how to manage your day by understanding the difference with these 10 time management tips. Read more at: http://www.entrepreneur.com/article/219553 Watch more videos at: http://www.entrepreneur.com/video Follow Us On Twitter: http://entm.ag/EntTwitter Like Us On Facebook: http://entm.ag/EntFacebook Follow Us On LinkedIn: http://entm.ag/EntLinkedin Add Us To Your Circle on Google Plus: http://entm.ag/EntGoogleplus Subscribe To Our YouTube Channel: http://entm.ag/EntYoutube
Views: 1028268 Entrepreneur
WORK STUDY
 
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Work study is a systematic examination or investigation of system or method of organization for work done to improve the utilization of resources like men, machine, material etc and setup standard for all activities of organization for improving productivity.
Views: 81609 Krishna Verma
Visual Planning Software - Introduction
 
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Improve your productivity with Visual Planning! Visual Planning is a highly user-friendly online scheduling software, giving the possibility to create and develop tailor-made applications to manage any kind of operations. It is fully compatible with MS Windows or Unix systems. In the market for almost 20 years, Visual Planning has over 5,000 customers across the globe who successfully use the software to plan, track and manage their resources as well as activities. Application fields: operations management, fleet management, HR management, project management, production scheduling, CRM, Customer service management, construction management, optimization solution, field service management. For more information or to request a demo, please contact Visual Planning at: Phone: (855) 589-9800 Email: [email protected] Fax: (866) 637-4070 Website: http://us.visual-planning.com
Views: 11159 Stilog Inc.
PERT - Project Management||Program Evaluation Review Technique||Operations Research||by kauserwise
 
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To watch CPM : https://youtu.be/vUMGvpsb8dc To download Standard normal distribution table use this link. https://drive.google.com/open?id=0B3xKrGP2Ms6ZRFhyVHNxcXFZRXc Here is the video tutorial about PERT (Project Evaluation and Review Techniques) under Project management in Operations Research. In this video we have done one illustration problem on which how to (i) construct the Project network (ii) Find the expected duration and variance of each activity (iii) Find the critical path and expected project completion time (iv) what is the probability of completing the project on or before some weeks. for this information we have work out the problem in simple manner, hope this will help you to get the subject knowledge at the end. if you like this please like, comment, share and subscribe. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics ▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is helpful] Thanks & All the Best!!! ───────────────────────────
Views: 947879 Kauser Wise
Problems ---- Resources Aggregate Planning
 
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This lecture covers Problems of Resources Aggregate Planning
What is CAPACITY PLANNING? What does CAPACITY PLANNING mean? CAPACITY PLANNING meaning & explanation
 
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✪✪✪✪✪ WORK FROM HOME! Looking for WORKERS for simple Internet data entry JOBS. $15-20 per hour. SIGN UP here - http://jobs.theaudiopedia.com ✪✪✪✪✪ ✪✪✪✪✪ The Audiopedia Android application, INSTALL NOW - https://play.google.com/store/apps/details?id=com.wTheAudiopedia_8069473 ✪✪✪✪✪ What is CAPACITY PLANNING? What does CAPACITY PLANNING mean? CAPACITY PLANNING meaning - CAPACITY PLANNING definition - CAPACITY PLANNING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. In the context of capacity planning, design capacity is the maximum amount of work that an organization is capable of completing in a given period. Effective capacity is the maximum amount of work that an organization is capable of completing in a given period due to constraints such as quality problems, delays, material handling, etc. The phrase is also used in business computing and information technology as a synonym for capacity management. IT capacity planning involves estimating the storage, computer hardware, software and connection infrastructure resources required over some future period of time. A common concern of enterprises is whether the required resources are in place to handle an increase in users or number of interactions. Capacity management is concerned about adding central processing units (CPUs), memory and storage to a physical or virtual server. This has been the traditional and vertical way of scaling up web applications, however IT capacity planning has been developed with the goal of forecasting the requirements for this vertical scaling approach. A discrepancy between the capacity of an organization and the demands of its customers results in inefficiency, either in under-utilized resources or unfulfilled customers. The goal of capacity planning is to minimize this discrepancy. Demand for an organization's capacity varies based on changes in production output, such as increasing or decreasing the production quantity of an existing product, or producing new products. Better utilization of existing capacity can be accomplished through improvements in overall equipment effectiveness (OEE). Capacity can be increased through introducing new techniques, equipment and materials, increasing the number of workers or machines, increasing the number of shifts, or acquiring additional production facilities. Capacity is calculated as (number of machines or workers) × (number of shifts) × (utilization) × (efficiency).
Views: 8353 The Audiopedia
Maximize Profit by Optimizing Production Using Excel Solver
 
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A video showing a simple business problem that you can solve using Excel's Solver add-in. This particular example is focused on optimizing the production mix of Mice, Keyboards, and USB Hubs. However, there are many analogous problems in business, such as choosing Lean Six Sigma projects or Choosing IT enhancements that maximize return on investment (ROI). This video shows the basics of using the Excel Solver add-in and also demonstrates some of the best practices in organizing your spreadsheet. Here is a link to the spreadsheet used in the example: https://www.dropbox.com/s/fp2854wsj8yvd46/ComputerPeripheralOptimization_Solver%231.xlsx?dl=0
Views: 54755 Mark Zabel
Lecture - 34 Forecasting
 
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Lecture series on Project and Production Management by Prof. Arun kanda, Department of Mechanical Engineering, IIT Delhi. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 154717 nptelhrd
Lecture 41 Production Control
 
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Introduction and Definition of Production Control Outline of Production Control Gantt Chart
Lecture 01 Operations Management: Basics
 
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Introduction to Operations Management What Is Operations Management? Why Operations Management?
Production Engineering Career Opportunities Field Salary Colleges by BrainChecker
 
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http://www.brainchecker.in Production Engineering Career by BrainChecker Stay tuned for regular updates from BrainChecker Channel. We provide excellent education related tips and excellent career guidance. Contact: https://goo.gl/forms/cmB1rRC4v5qF2rf73 Fill the form above and we would get in touch with you Welcome to the YouTube Channel of Brain Checker, India’s largest Career Counseling Company!! Our video starts with - Introduction - Nature of work. - Eligibility and Professional Courses available. - Colleges - Career prospects and salary Students are requested to perform their own research before choosing a career. You can check the description for additional details and assistance from BrainChecker. Introduction Industrial and Production Engineeringinvolves the study of improving, understanding, innovating, implementing and evaluating the integrated systems of money, equipment, people, material, and other industrial processes.One is responsible for designing industrial facilities normally used for production needs. Buildings, equipment’s, infrastructure, material handling systems, information systems, manufacturing systems, and the whole workplace. Other processes which are integral to the production process are also managed by these engineers. Processes like IEs analysis, production systems planning and control, resource allocation, logistics, quality management, personnel allocation, resource management, safety and inventory management. The main aim is to improve on the production techniques and make them more efficient, and economical. It is a sub-branch of mechanical engineering, so the subjects that are taught as almost similar. Nature of Work Production or Industrial Engineers work includes designing the production process for a product and also planning, measuring and controlling all activities within the organization. An Industrial or Production Engineer is responsible for the overall industrial production and management. He is moreover involved with the human and organizational aspects of developing the desired system. Understanding the existing technology trends and improving upon them for better efficiency is one of the core tasks of a Production Engineer. Multiple industries would benefit from improved processes since they reduce the processing time and save on resources.Industries like automobile manufacturing, spare parts production, food industry, all have certain bottleneck areas which are restricting the capacity. With time, and the advent of better technology, these areas are further minimized, in order to achieve the ultimate goal of increased production and a subsequent rise in revenue. Eligibility and Professional Courses • A Science background is necessary with a 10+2 in Physics, Chemistry and Maths. A minimum 50% aggregate is needed for eligibility to colleges. • One can give any entrance exams like NEET, IIT JEE, BITSAT, CET, or any other state exam. It should be noted here that few colleges like VIT or SRM, have their own exams which have to be given for becoming eligible to those select colleges. • For pursuing MTech, the candidate needs to qualify for GATE. • Individuals with interests in research and development can take up the PhD program after their post-graduation. • One can pursue MTech in Industrial and Production Engineering after successful completion of BE/B.Tech. We at BrainChecker help Students in choosing their career. A right career choice can work wonders in the long term. Colleges - Punjab Engineering College - SRM Institute of Science and Technology - NIT - IITs - Pune University - Nagpur University - IISc Bangalore - VIT Career Prospects Industrial and production engineers can work in various sector like, banks, hospitals, public utilities, retail, agriculture, transport, construction, and even government departments via UPSC exams, conducted by the Engineering division every year to appoint skilled personnel to the various Central government service. Other specific areas include, Root cause analysis and process improvement, Various posts which they can hold include - Plant Engineer - Quality Engineer - Project Manager - Process Engineer - Industrial Managers - Manufacturing Engineer - Industrial Sales Engineer - Product Specialist - Industrial Automation Project Designer - Assistant Professor at any university The starting salary can be in the range of 40,000 to 60,000 INR for freshers. Thank you for listening, if you loved this BrainChecker video please like, share and subscribe to us. Bye!!
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How to Perform a SWOT Analysis
 
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SWOT simply stands for Strengths, Weaknesses, Opportunities, and Threats. The purpose of a SWOT analysis is to create a synthesized view of your current state. Watch our Virtual Strategist Whiteboard session to learn how you can perform and use a SWOT analysis for your organization. Subscribe to our channel here - https://www.youtube.com/channel/UCc5cYNhQ8oYNdjmXBy7Z-ug Download the Essentials Guide to Strategic Planning - https://onstrategyhq.com/product/essentials-guide-to-strategic-planning/ Follow us on Facebook - https://www.facebook.com/OnStrategyHQ/?fref=ts Connect with us on LinkedIn - https://www.linkedin.com/company/onstrategy Connect with Erica Olsen on LinkedIn - https://www.linkedin.com/in/ericajolsen
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Crashing of project network with [Two critical paths] in operations research:- by kauserwise
 
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Here is the video for Crashing of project networki in operations research. In that we have seen, What is crashing of project network, How to draw network diagram, How to findout critical path, How th findout crash time, How to findout slope cost, How to calculate total cost with notmal duration & How to calculate total cost after crashing the network, please try to watch complete video and hope it will will help you to get the subject knowledge at the end. if you like this please like, comment, share and subscribe. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
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√ Operations Processes: Sequencing and Scheduling | Business Studies | iitutor
 
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#iitutor #BusinessStudies #OperationProcess https://www.iitutor.com Sequencing refers to the order in which activities occur in the operations process. The operations manager constantly analyses the sequencing to improve the efficiency of the business. Scheduling refers to the length of time different activities take in the operations process. For example: If you were to establish a new online clothing business. The Gantt chart outlines: the activities that need to be completed, the order in which they should be performed and how long each activity is expected to take. It forces the operations manager to carefully plan the operations process. Each task needs to be broken down into smaller tasks. It is then easier to see where the business can be more effective. Critical Path Analysis (CPA). Another scheduling method that shows the tasks that needs to completed how long they take and the sequence. The Critical Path is the shortest length of time to complete the tasks in the operations process. Using Critical Path Analysis, the Operations manager can see what tasks in the process can be completed at the same time to improve efficiency.
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