FoRmULa Chapter 2

Assalamualaikum.., hari nie kami akn membincangkan sdikit pasl chapter 2 iaitu chapter calculation yang korang tunggu2 kan... Tp sebelum 2 nk terangkan ckit jugak la theory dlm chapter nie...

Production Planning System
Priority > demand (relate to what, how many and when product are needed)
Capacity > resources (capability to produce goods and services)

Strategic Business Plan

• Marketing, whereby survey, promotion
• Finance, cash flow, budgets
• Production, satisfy to the demand
• Engineering, strategy to modify, redesign the product

Basic Strategies

1. Chase(demand matching) > produce amounts demand at any given time
2. Production Leveling > continually produce amount equal to average demand
3. Subcontracting > always produce at minimum level demand (extra dd)

At below is the formula that use on this chapter!!!! Always remember this formula okay...

• Total production(TP) = ∑Forecast demand + Back order + Ending inventory – Opening inventory
• Annual Total Production(ATP) =   TP/# of working days @ period
• Ending inventory = Opening inventory + Production – Forecast demand
• TP backlog = ∑Forecast demand + Opening backlog – Ending backlog
• Ending backlog = Opening backlog + Forecast demand - Production