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posted on 21 Oct 2024
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Production planning involves creating a detailed plan of how to efficiently produce goods or services to meet demand.
Forecasting demand to determine production needs
Scheduling production processes and resources
Optimizing production efficiency and minimizing costs
Balancing inventory levels to meet customer demand
Adjusting plans based on changes in demand or supply
Productivity is the measure of efficiency in completing tasks or producing goods.
Productivity is the ratio of output to input in a specific period of time.
It can be measured by dividing the total output by the total input.
Examples include the number of units produced per hour, the amount of work completed in a day, or the revenue generated per employee.
Improving productivity often involves optimizing processes, reducin
posted on 30 Nov 2024
I was interviewed in May 2024.
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