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This lecture covers the principles of supply management, including production planning, capacity planning, and inventory management. It explains the process of developing a feasible supply plan and the importance of rough-cut capacity planning. The instructor discusses the steps involved in Capacity Planning using Overall Planning Factors (CPOPF) and provides examples to illustrate the concepts. The lecture also delves into the development of Master Production Schedules (MPS) and the evaluation of workload at each resource to validate MPS feasibility. It concludes with a discussion on order promising and the use of Authorized MPS to support order commitments.