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Lecture Principle of inventory and material management - Lecture 4: Production Planning System (Continued)

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Lecture 4 - Production Planning System (Continued). After studying this chapter you will be able to understand: Production planning hierarchy, aggregate planning, why aggregate planning is necessary, inputs, outputs, medium-term capacity adjustments, approaches, pure strategies for the informal approach,...

Lecture 4 Production Planning System (Continued) Books • Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, P.E., CFPIM, CIRM, Fleming  College, Emeritus, Stephen N. Chapman, Ph.D., CFPIM, North Carolina State University, Lloyd M.  Clive, P.E., CFPIM, Fleming College • Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005,  N.Y.: McGraw­Hill/Irwin Objectives • • • • Production planning hierarchy Inventory cost Type of inventory Production settings Production Planning Hierarchy Long­Range Capacity Planning Aggregate Planning Master Production Scheduling  Production Planning and Control Systems Pond Draining Systems Push Systems  Pull Systems Focusing on Bottlenecks Production Planning Horizons Long­Range Capacity Planning Long­Range (years) Aggregate Planning Medium­Range (6­18 months) Master Production Scheduling  Short­Range (weeks) Production Planning and Control Systems Very­Short­Range (hours ­ days) Pond Draining Systems Push Systems  Pull Systems Focusing on Bottlenecks Production Planning: Units of Measure Long­Range Capacity Planning Entire  Product Line Aggregate Planning Product Family Master Production Scheduling  Specific Product Model Production Planning and Control Systems Labor, Materials, Machines Pond Draining Systems Push Systems  Pull Systems Focusing on Bottlenecks Aggregate Planning Why Aggregate Planning Is Necessary • • • • Fully load facilities and minimize overloading and  underloading Make sure enough capacity available to satisfy  expected demand Plan for the orderly and systematic change of  production capacity to meet the peaks and valleys of  expected customer demand Get the most output for the amount of resources  available Inputs • • • A forecast of aggregate demand covering the selected  planning horizon (6­18 months) The alternative means available to adjust short­ to  medium­term capacity, to what extent each alternative  could impact capacity and the related costs The current status of the system in terms of workforce  level, inventory level and production rate  Outputs • • A production plan: aggregate decisions for each  period in the planning horizon about – workforce level – inventory level – production rate Projected costs if the production plan was  implemented Medium­Term Capacity Adjustments • • • Workforce level – Hire or layoff full­time workers – Hire or layoff part­time workers – Hire or layoff contract workers  Utilization of the work force – Overtime – Idle time (undertime)  – Reduce hours worked  . . more Setup Costs l For • • • • • • • • parts produced in-house, we must: Check status of raw material Possibly place an order Create route sheets with instructions for each stage of the production process Store routing data in a database Check routing data for compatibility with shop status and engineering changes Make routing instructions with raw material Deliver to production workers Machine set up 30 Inventory Carrying Costs l Carrying • • • • • • • inventory incurs a variety of costs Space heated and cooled Move inventory occasionally because it blocks access to other goods Construct and maintain information system to track location Pay taxes based on value Insurance costs Some will be lost, damaged, or perished Cost of capital invested in inventory 31 Shortage Costs l When • • • • customer demands an out of stock item May decide to wait for delivery - backorders May cancel the order – lost sales May look elsewhere next time – lost customer May pay expedite charges l Within the plant, if material is unavailable to start production • • • • Work center may lack work Schedule may have to be modified Completion of products may be delayed Result in late deliveries or lost sales 32 Information Flow for Various Production Systems Order Entry I I Raw Material I a Materials Requirements Planning (MRP) Raw Material b Just-In-Time (KANBAN) I Processor Infinite Capacity Inventory Buffer Finite Capacity Inventory Buffer Material Flow 33 Information Flow KANBAN control • • Kanban control uses the levels of buffer inventories in  the system to regulate production. When a buffer reaches  its preset maximum level, the upstream machine is told to  stop producing that part type. This is often implemented by  circulating cards, the kanbans, between a machine and the  downstream buffer.  The machine must have a card before it can start an  operation. It can then pick raw materials out of its  upstream (or input) buffer, perform the operation, attach  the card to the finished part, and put it in the downstream  (or output) buffer.  34 KANBAN control • • Kanban control ensures that parts are  not made except in response to a  demand.  The analogy is to a supermarket: Only  the goods that have been sold are  restocked on the shelves 35 Information Flow for Various Production Systems Limit on Total Inventory I Raw Material I c Constant Work-In-Process (CONWIP) Raw Material d Hybrid CONWIP-KANBAN I Processor Infinite Capacity Inventory Buffer Finite Capacity Inventory Buffer Material Flow 36 Information Flow CONWIP Control • • • • CONWIP stands for Constant Work­In­Process   a  control  strategy  that  limits  the  total  number  of  parts allowed into the system at the same time.  Once the parts are released, they are processed as  quickly as possible until they fill up the last buffer  as finished goods.  Once  the  consumer  removes  a  part  from  the  finished goods inventory, the first  machine in the  chain is authorized to load another part 37 CONWIP Control • • • Like KANBAN, the CONWIP system only  responds to actual demands, so it is still a ``pull''  type system  But unlike kanban, the buffers for all downstream  machines are empty, except finished goods, which  is full.  This occurs because any part released to the  system will move to finished goods. New parts  will not be released if the finished goods buffer is  full.  38 Inventory is Needed to Support Production • • • Recent years claim a goal of zero inventory – But some is necessary to meet needs  – Economically practical to maintain some WIP to  facilitate production scheduling – Variability in processing time and job arrival  rates Inventory should not be used to cover problems – Wasteful practice all too common – Prevents the system from improving – Defects not detected until later Lean companies 39 – Operate with reliable processes, quick  Large Inventories Imply Long Throughput Times • • • Throughout time (manufacturing Lead Time) – The span of time from when the part enters a  system until it leaves Little’s Law  I = X · T – Relates average throughput time (T) to the level of  average inventory (I) and the production rate (X)  for any stationary process Stationary process – Probability of being in a particular state is  independent of time 40 To reduce throughput time Eliminate unnecessary, non­value added operations: – – – – – Reduce waiting time Reduce transfer time Reduce quality inspection time Increase process rates Reduce batch size 41 Capacity Balancing Flow In l l l l Flow Out Desire to have same number of units produced in each work center Capacity is measured by number of units that can be made per time period Total production is limited by the workstation with the smallest capacity (bottleneck station) Excess capacity reduces cycle time Theory of Constraints (TOC)    A management philosophy developed by Dr. Eliyahu  Goldratt    The goal of a firm is to make money End of Lecture 4 ... quantities of material and parts are purchased l We may store inventory in periods of low demand and consume them in periods of large demand to smooth production rate (seasonal demand) l Speculation... Total Inventory I Raw Material I c Constant Work-In-Process (CONWIP) Raw Material d Hybrid CONWIP-KANBAN I Processor Infinite Capacity Inventory Buffer Finite Capacity Inventory Buffer Material. .. Entry I I Raw Material I a Materials Requirements Planning (MRP) Raw Material b Just-In-Time (KANBAN) I Processor Infinite Capacity Inventory Buffer Finite Capacity Inventory Buffer Material Flow

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