Term
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Definition
| select capacity options over the intermediate time horizon |
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Term
| Capacity options include: |
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Definition
| workforces, shifts, overtime, subcontracting, inventories |
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Term
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Definition
| forecasts of customer demand, need for spares, pricing |
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Term
| Strategic Capacity levels |
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Definition
| existing buildings processes |
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Term
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Definition
| suppliers, subcontractors |
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Term
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Definition
| monthly meeting by senior mgmt, evaluates supply, demand, cash flow for future periods, aligns tactical plans-consensus on single operation plan, allocates critical resources of people, capacity, materials, time and money |
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Term
| S&OP helping develop superior tactical plans |
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Definition
| determines how to use tactical capacity to meet demand, balances needs and constraints of sc partners, coordinates sc partners, expresses business plan in easy to understand terms |
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Term
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Definition
| only when resource needs are similar across various products or services offered and the mix of product or services is the same from one period to the next |
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Term
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Definition
| products with very different requirements, requires forecasts and production info for individual products, can be extremely data-intensive |
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Term
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Definition
| values that decision makers use to translate the sales forecast into resource requirements and to determine the feasibility and costs of alternative sales and operations plans |
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Term
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Definition
1. develop the aggregate sales forecast and planning values
2. translate sales forecast into resource requirements
3. generate alternative production plans (chase, level, mixed) |
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