Network Planning - Resource allocation
6 important questions on Network Planning - Resource allocation
What is supply chain master planning?
What is required when finding the right balance between two cost components?
Which data is required for various types of decision-support tools?
- Facility locations: plants, distribution centers, and demand points
- Transportation resources including fleet and common carriers
- Products and product information
- Production line information such as minimum lot size, capacity, costs, and so forth
- Warehouse capacities and other information such as certain technology (refrigerators) that a specific warehouse has and, hence, can store certain products
- Demand forecast by location, product, and time
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On which two strategies can output focus, depending on the objective of the planning process?
- Sourcing strategies - Where should each product be produced during the planning horizon?
- Supply chain master plan - What are the production quantities, shipment size, and storage requirement by product, location, and time period?
What is feasibility in supply chain management?
What are the capabilities of supply chain master planning tools?
- It can improve coordination and collaboration between supply chain partners
- It can identify potential supply chain bottlenecks early in the planning process
- It has the ability to analyze demand plans and resource utilization to maximize profit
- It is able to help the planners improve the accuracy of the supply chain model
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