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Can you tell me more about it?

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Production planning is based on financial planning I suppose. Have small experience on fp. They put annual income of current year and previouse years as  a base and use some math to produce virtual future financial income. According to that you can count the quantity of product you need to produce and things about additional production facilities
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Production planning is the planning of a production and manufacturing module in a company or industry,it utilizes the resources allocation of activities of employees, materials and production capacity in order to serve customer.
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Production planning involves all the steps that are carefully planned by a company in the production of goods, it involves financial, transportation and sales.
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It defines the production target , required resources and overall schedule together with all steps involved in production and their dependents. 
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Production planning is the process of planning and organizing the production of goods or services. It involves determining the production schedule, the resources needed, the cost of production, and the quality standards to be met. Production planning also includes scheduling the workforce and managing the supply chain for materials and resources. It is an important part of overall business strategy, as it helps to ensure that the right products are produced in the right quantities and at the right time.
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Production planning is a crucial aspect of the manufacturing or service delivery process. It encompasses various stages, starting with assessing market demands and forecasting future needs. Once demand is determined, the planner sets production targets and schedules, considering factors such as raw material availability, workforce capacity, and equipment capabilities.

Efficient production planning also involves creating a detailed timeline for each stage of the production cycle. This includes procurement of raw materials, manufacturing processes, quality control checks, and ultimately, the distribution of the finished products. By aligning these steps seamlessly, a company can enhance productivity, reduce lead times, and optimize resource utilization.

Moreover, production planning strives to strike a balance between meeting customer demands and minimizing excess inventory. It aims to prevent overproduction and reduce waste while maintaining the flexibility to adapt to changes in market conditions. Advanced technologies, such as computer-aided planning systems, are often employed to enhance accuracy and efficiency in this intricate process.

In summary, production planning is a comprehensive strategy that orchestrates the entire production lifecycle to ensure timely, cost-effective, and high-quality outputs, contributing significantly to the overall success
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Creation arranging includes sorting out, planning, and booking different components of an assembling cycle to meet creation objectives and client interest. It incorporates request determining, asset designation, booking, scope organization, stock administration, quality control, lead using time effectively, correspondence and coordination, risk the executives, and ceaseless improvement. Present-day creation arranging frequently includes the utilization of programming frameworks and trend-setting innovations to smooth out and computerize different parts of the arranging system.
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