For the purposes of production planning, product groups should be established on the basis of. similarity of manufacturing process.
What is production planning?
Production planning is the organization of the manufacturing and production processes within a business or sector. To service various clients, it makes use of resource allocation for personnel activities, materials, and manufacturing capacity.
Production planning varies depending on the type of production method being used, such as single-item manufacturing, batch production, mass production, continuous production, etc. Production planning and control, or production planning and enterprise resource planning, are two ways that they might be merged. Creating a strategy for the design and manufacturing of a certain good or service is known as production planning. Organizations can increase their manufacturing process efficiency by using production planning.
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