The activities associated with validating material and production asset availability, assigning orders to production assets, sequencing production activities and monitoring and correcting production progress. This may include creating or approvingRequisitions(forProduction Orders) recommended and/or created by theProduction Planningprocess. This is aMake-to-Stockprocess; Demand is aggregated to optimal quantities to produce. Planning and scheduling primarily focus on optimizing throughput (capacity utilization) and efficiency.