Learn to apply the principles and concepts of manufacturing. Understand the purpose of customer demand forecasting and find out what forecasting methods are suitable for which situations. Explore the nature of planning and learn how to effectively use Gantt charts and the precedence diagram method. Discover the basics of lean manufacturing and see how capacity management converts production plans into concrete products. Learn how successful organizations effectively use master production scheduling (MPS), production activity control (PAC), material requirements planning (MRP) and inventory management.