is the process of determining the amount of labor and machine resources required to accomplish the tasks of production on a more detailed level, taking into account all component parts and end items in the materials plan.

Capacity Requirements planning

Explanation:

Capacity requirements planning refers to a planning technique used in determining quantity of product needed to be produced and if the available resources can meet up with the production. It helps to check if an organization can meet up with future demands for its merchandise. That is, it gives information on whether the organization has the capacity needed in producing production goals. It involves checking both human labour and machine labour putting into consideration component parts and end items in the materials plan.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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