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All 4 Flashcards — Production planning methods
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Question
Four elements of production planning?
Answer
Capacity planning, scheduling, stock control, quality planning.
💡 Hint
Capacity, schedule, stock, quality
Question
Production planning goal: right quantity, right time, minimum ___
Answer
Cost — balancing efficiency with meeting demand.
💡 Hint
Cost
Question
Capacity planning ensures ___
Answer
Production capacity matches demand — not too much (waste) or too little (missed sales).
💡 Hint
Capacity = demand
Question
Production planning links to: break-even, motivation, ___
Answer
Cash flow — stock levels directly affect how much cash is tied up.
💡 Hint
Cash flow
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Topic 5.6 hub
Production planning (HL only)
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