What are the objectives of product planning?

What are the objectives of product planning?

Product planning is a dependable tool in the kit of a marketing manager to attain this ultimate objective. It is product planning that identifies the customer needs, requirements, aspirations, likes and preferences and guides the firm’s resources and efforts towards the accomplishment of this want satisfying.

What are the objectives of production planning and control Mcq?

Production Planning and Control aims to ensure cost-efficient and timely manufacturing of goods by coordinating with multiple departments. Its focus is to ensure the delivery of goods within the stipulated time to enhance customer satisfaction.

What is production planning and control in production management?

Production planning and control is a predetermined process which includes the use of human resource, raw materials, machines etc. PPC is the technique to plan each and every step in a long series of separate operation.

What is the importance of production planning and control?

Planning and control are an essential ingredient for success of an operation unit. The benefits of production planning and control are as follows: It ensures that optimum utilization of production capacity is achieved, by proper scheduling of the machine items which reduces the idle time as well as over use.

What are the needs of production planning and control?

Create optimized schedules that balance production efficiency and delivery performance. Maximize throughput on bottleneck resources to increase revenue. Synchronize supply with demand to reduce inventories. Provide company-wide visibility to resource capacity.

What are the objectives of capacity planning and control?

The main objectives of project management capacity planning include: Identify IT capacity requirements to meet current and future projected workloads. Develop and maintain a capacity management plan. Ensure performance goals are met on time and within budget.

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