Tag: Production Management
Production Planning
What is Production Planning and Control? Production planning and control may be defined as the direction and coordination of the firm’s material and physical facilities towards the attainment of …
Business
What is Planning? Planning may be defined as the determination of a course of action to achieve the desired results. Planning involves the determination of objectives and planning of …
Business
Various factors contributes to Make or Buy Decisions in an organization. Quantitative factors such as considerations of costs, idle facilities, Qualitative factors such as product quality, patent (legal restrictions), …
Management
Distinction between Product and Process Layout The differences between a product layout and process layout can be studied as follows. 1. Nature of Product Process or functional layout is …
Business
What is Product Design? Design of a product means determining the shape, standard and pattern of the product. C. S. Deverell has defined product design as Design, in its …
Management
Tangible Loss due to Breakdown The loss due to breakdown may be classified into tangible and intangible. Tangible loss includes down time cost, effect on other machines, expediting cost, …
Management
Considerations in Product Development While developing a new product the following considerations are worth noting: 1. Consumer Acceptance Sales depend on consumer acceptance of the product. The demand of …
Management
Concepts of Maintenance Management Machine buildings and other service facilities are subject to deterioration due to their use and exposure to environmental conditions. Process of deterioration, if left unchecked, …
Marketing
Factors determining Product Design 1. Customer requirements Product design has to give due respect to the requirements of customers. So designers has to ensure that the product they design …
