production

Understanding production chains

We always talk about the supply chain, the value chain, production chains, but we rarely take the time to stop and think about what these different chains mean in practice. In this post, we are going to demystify production chains,…

production

Scheduling: rules and performance indicators

February 13, 2017

Scheduling aims at controlling and balancing workload from tasks to resources in a production system. Many of its characteristics and goals are covered in our post Scheduling Problems. Here, we focus on solving the problem and measuring the quality of…

production

Scheduling problems

February 13, 2017

Scheduling problems appear in several industries. A manufacturing company must decide the sequence and machines used in the production process of each product; a delivery company must decide on the sequence of customers to visit; a transportation company must determine which of…

production

Material requirements planning (MRP) – what will be needed and when?

January 3, 2017

Imagine a company that produces electronic equipment such as stereos and TVs. There are several models, sizes, powers, but many components and raw materials are common for various models. To satisfy future demand, how many components should be in inventory…

production

Production management – What it is and how to do it?

January 3, 2017

Large manufacturing companies run several production facilities and work with budgets and incomes in the order of many millions of dollars. Imagine a large conglomerate of companies that manufacturing dozens or hundreds of products in various locations around the world:…