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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is a Production Schedule?
What is a Production Schedule?  

What is a Production Schedule?


Production Schedule is a detailed timeline-based plan of activities for managing and allocating resources, events and processes to create a desired outcome (goods and services). It aims to balance production needs with available resources (funds, tools, HR, time) while ensuring cost-effectiveness of the manufacturing process.

 A typical production schedule includes a plan of necessary jobs placed on a timeline and assigned to manufacturing personnel. Such a plan specifies the time each job starts and completes in each production area. It refers to the total amount of financial and material resources required to produce desired output. Production schedule can be also used to plan job rotation schemes and develop shift timetables.

 Production schedule helps answers the following questions:

  • What resources do we have available?
  • Which resources are best to use to run certain activities?
  • When to start and finish every job planned?
  • How and when to do next jobs?
  • How to reach cost-effectiveness when performing scheduled jobs?
  • How do employees collaborate?

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