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The production plan aims at "plan your work", whereas operations plan ensures "work your plan".

In the light of the given statement, examine the relevance of a operational plan for an entrepreneur.

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It is actually a blue print prepared right in advance of actual operations –

i) Ensuing orderly flow of materials in the manufacturing process from the beginning (raw state) to the end (the finished products)

ii) Facilitating continuous production, lesser work-in-progress and minimization of wastage.

iii) Co–ordinating the work of engineering, purchasing, production, selling and inventory management.

iv) Describing the flow of goods / services from production point to the consumers.

v) Introducing a proper system of quality control.

vi) Undertaking the best and most economic production policies and methods.

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