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accurate achieve activities actual approach assembly average lead backlogs backorders basic benefits better bills of material Black & Decker calculated capacity planning centers changes Chapter companies components costs customer service cycle dates decisions delivery demand determine develop downtime economic economic ordering quantity effective engineering equipment evaluating factors Figure finished products FISHER CONTROLS forecast error formal system formula goals Henry Gantt increase informal systems input input/output inventory investment inventory planning lot-size inventory machine loading manpower manufacturing control system manufacturing facilities marketing master production schedule material requirements planning Materials Control measure necessary needed operations order point/order quantity order quantities ordering systems output overtime payback period planning and control plant priority control problems product lines production control purchased record accuracy reduced released responsible safety stock shipments significant specific standard statistical stockout techniques total inventory usually vendors ventory week work-in-process