After reading this article you will learn about the advantages and disadvantages of selecting the plant site in a city and in a small town. Selecting the Plant Site in a City (Urban Site): Advantages: 1. A city is very well connected by rail, road and air. 2. It provides a good market also. 3. Right labour force is available. [...]
This article throws light upon the three main types of process planning. The types are: 1. Manual Process Planning 2. Automated Process Planning 3. Generative Process Planning. Type # 1. Manual Process Planning: This type of planning is known as man-variant process planning and is the commonest type of planning used for production today. Planning the operations to be used [...]
Two techniques or decision processes employed for planning and absorbing fluctuations in demand are as follows:- 1. Graphic Technique 2. Linear Programming Method. 1. Graphic Technique: The graphic technique is simple and shows clearly the fluctuations in production demand. However, it simply compares different alternative plans and by itself does not generate optimum plan. Moreover it is a static technique. [...]