01 + 02_Production Networks and Plant Location Flashcards
1
Q
**
Strategic Planning
A
Production Networks and Plant Location
2
Q
Tactial Planning
A
Design of Production Systems:
- job shop
- flow show
- cellular manufacturing
3
Q
Operative Planning
A
- Demand Forecasting
- Master Production Scheduling
- Material and capacity requirements planning
4
Q
Demand Forecasting
Operative Planning
A
- prediction of the future development of the demand
5
Q
Master Production Scheduling
Operative Planning
A
- planning and coordination of production schedules for various production sites of a company
6
Q
Material and Capacity requirements planning
Operative Planning
A
- Planning of detailed requirement quantities, lot sizes, due dates
7
Q
Classic Transportation Problem
A
- multiple production locations
- multiple customer regions
- Optimization Problem: Determine minimum cost transportation quantities
8
Q
Vogel’s approximation method
A
- minimize the maximum additional costs for not selecting the optimum supplier or destination
- using additional costs incurred by selecting second best (instead of best) supplier or destination as a priority rule for the selection of transportation links
9
Q
Assumptions Vogler’s approximation
A
- single period
- single product
- only transportation and plant specific production costs considered
- linear cost structure
- all plant-to-customer zone assignments feasible
- unlimited transportation capacities
10
Q
Reasons for opening new plant
A
- increasing capacity
- modernization
- entering new markets
- growth of free trade zone
- lower labour costs
- strategic issues
- benefitting from exchange rate trends
