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Finite Loading
Finite loading is an alternative scheduling technique that combines into a single system the loading sequencing and detailed scheduling. In contrast to infinite loading finite loading systems start with a specified capacity for each work centre and a list of job. The work center capacity is then allocated unit by unit ( e, g, labor hours) to the jobs simulating job starting times and completion times. Thus the system creates a detailed schedule for each job and each work centre based on the centers capacities. Jobs are allocated to the centre according to their capacities hour by hour and day by day into the future.
The sequencing rule is built into the simulation. Since inputs to the simulator (e.g. from of MRP system) specify job due dates ( not start times or completion times) the jobs can be loaded using either forward or backward scheduling .
Giving examples, how does CPM handle the trade-offs between time and cost in the scheduling of a project.
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