Production Management

CP-206: PRODUCTION AND OPERATIONS MANAGEMENT issue & Operations Management: payoff is the process by which raw materials and other inputs are converted into finished products. The essential feature of production is to bring unneurotic people, machines and materials to provide goods and attends and thereby to satisfy the wants of people. Since both manufacturing and service organizations involve the above-mentioned features, the term production management is piecemeal replaced by the term Operations Management. An Operation may be defined as the process of changing inputs into outputs and thereby adding range to some entity. The value enkindle be added by alteration, transportation, terminal or inspection. productivity of diversity Process: The Productivity can be measured by the ratio of the output to the input. Productivity or Operational efficiency = Output / Input = [Goods & Services] / [Capital, Manpower, Material, Machine, Land & Buildings] Production as a System: A System is a collection of objects related by regular interaction and interdependence.

A systems model of organization identifies the subsystems that make up the organization. As for exercise a business firm might have finance, marketing, accounting, personnel, engineering, secure and physical distribution systems in addition to the production/operations system. Considering the systems perspective of production, there are three systems: (i) Production system, (ii) Conversion subsystem and (iii) Control subsystem. Production system receives inputs in the form of materials, personnel, capital, utilities and information. These inputs are changed in a conversion subsystem into desired products and services, which are called outputs. A portion of the output is maintained in the control subsystem to restrict whether it is acceptable in terms of quantity, quality and cost. If it is acceptable thence no change is... If you want to get a liberal essay, order it on our website: Orderessay

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