Industrial Engineering and Production Management
Inventory control in production, planning and control aims at

Discounts allowed in bulk purchase
Acceptable customer service at low capital investment in inventory
Ensuring against market fluctuations
Achieving optimization

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Industrial Engineering and Production Management
Routing

Is concerned with starting of processes
Determines the programme for the operations
Regulates the progress of job through various processes
Prescribes the sequence of operations to be followed

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Industrial Engineering and Production Management
Scheduling

Is concerned with starting of processes
Prescribes the sequence of operations to be followed
Determines the programme for the operations
Regulates the progress of job through various processes

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