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10. It is the process in manufacturing that ensures you have sufficient raw materials, labor and resources in order to produce finished products to schedule.
10. It is the process in manufacturing that ensures you have sufficient raw materials, labor and resources in order to produce finished products to schedule.
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The corporate production planning is a complex optimization problem since it involves nonlinearities of chemical/industrial processes, discrete variables to support the decision-making process, large dimensions due to the detailed models of many plants, and uncertainty due to market/demand fluctuation and volatility.