Definition of Production plan

production planProduction plan:
“Derived from the detailed sales forecast, it balances market demand with company resources (developed by operating management).”

Get more definitions about Production plan and other ERP related terms here. Learn everything you need about ERP software here
Terms related to Production plan:
advanced planning and scheduling (APS)
Aggregate planning
Business plan
Capacity planning
Capacity requirements planning
capacity requirements planning (CRP)
Distribution resource planning
Finite capacity planning
Firm planned order
Infinite capacity planning
Long range planning
Manufacturing resource planning
manufacturing resource planning (MRP II)
Material requirements planning
p chart
plan-do-check-action (PDCA)
planned capacity
planned order
planned order receipt
planned order release
planner bill
planning horizon
planning system
Process planning
Product costing
Product families
Product life cycles
Product line
Product load profile
Product specification
Product structure file
Production activity control
Production classification
Production kanbans
production planning
Production scheduling
Resource planning
Rough cut capacity planning
Sales planning
Strategic planning
supply chain planning (SCP)
Vendor capacity planning