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The Impact Of Production Planning And Control On Productivity In Nigerian Bottling Company
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1.9 DEFINITION OF TERMS
i)
Production Schedule: Is a project plan of how the production budget
will be spent over a given time scale for every phase of production. It
is also a time-table for the use of resources and processes required by a
business to produce goods or provide services.
ii) Process
Layout: It is also known as functional layout or job-shop layout, it
involves a group of all similar types of equipment or functions called
the lathe machines in one area, all drilling machines in another area,
while all assembly work are done on another area.
iii) Line
Layout: It is completely specified by the sequence of activities needed
to perform a given transformation. It is also the sequence line machines
and equipment needed to make a specified or specific product as set out
in the same areas.
iv) Intermittent Production: Is sometimes
described as job production which defines a situation whereby a whole
project or job is considered as one operation and work is completed on
each product before passing on the next segment.
v)
Inventory: The raw materials, work-in-progress goods and completely
finished goods that are considered to be the portion of a business asset
that are ready or will be ready for sale.
vi) Material:
Refers to substances or components with certain physical properties that
are used as inputs to production or manufacturing.
vii) Production: Is the transformation of raw materials into finished goods in order to satisfy human want or needs.
viii)
Planning: Is forecasting future circumstances and requirements through
deciding objectives, making long and short-term plans, determining
polices to be followed and standard to be set.
ix) Control: It involves setting standard and correcting deviation to follow plan where necessary.
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