Production and Operations Management - Meaning and Important Concepts
Why is production and operations management important in both lost customers to foreign competitors because their production systems could not provide the. Production and Operations Management systems are also described as providing . Pricing Planning z Welfare z Customer z Labour Service Relations Fig. PRODUCTION & OPERATION MANAGEMENT Engr. Roderick L. Calaguio . Date Contribution Contributor Human relations; the Hawthorne studies Production systems can be classified as Job Shop, Batch, Mass and.
Decision Making Related to the aspects of production. Related to the regular business activities.
Found in Enterprises where production is undertaken. Banks, Hospitals, Companies including production companies, Agencies etc. Objectives To produce right quality goods in right quantity at right time and at least cost.
To utilize resources, to the extent possible so as to satisfy customer wants. Definition of Production Management When the principles of management are applied to the production function of the organisation, it is known as production management.
Operations management - Wikipedia
It is a process of planning, scheduling, supervising and controlling the activities involved in the production of goods and services, i. Higher cost due to frequent set up changes. Higher level of inventory at all levels and hence higher inventory cost.Introduction to Operations Management Part 1
Production planning is complicated. Characteristics Batch production system is used under the following circumstances: When there is shorter production runs.
Understanding Production and Operations Management
When plant and machinery are flexible. When plant and machinery set up is used for the production of item in a batch and change of set up is required for processing the next batch. When manufacturing lead time and cost are lower as compared to job order production.
Advantages Following are the advantages of batch production: Better utilization of plant and machinery. Cost per unit is lower as compared to job order production. Lower investment in plant and machinery. Flexibility to accommodate and process number of products.
Job satisfaction exists for operators. Limitations Following are the limitations of batch production: Material handling is complex because of irregular and longer flows.
Production planning and control is complex. Work in process inventory is higher compared to continuous production. Higher set up costs due to frequent changes in set up. This production system is justified by very large volume of production. The machines are arranged in a line or product layout. Product and process standardization exists and all outputs follow the same path. Characteristics Mass production is used under the following circumstances: Standardization of product and process sequence.
INTRODUCTION OF PRODUCTION AND OPERATION MANAGEMENT | Prof. Milan Padariya - pugliablog.info
Dedicated special purpose machines having higher production capacities and output rates. Large volume of products. It involves change in chemical and mechanical parameters of the raw material without altering physical attributes of the raw material.
Annealing process heating at high temperatures and then coolingis example of production by modification or improvement. Car production and computer are example of production by assembly. Importance of Production Function and Production Management Successful organizations have well defined and efficient line function and support function. Production comes under the category of line function which directly affects customer experience and there by future of organization itself. Aim of production function is to add value to product or service which will create a strong and long lasting customer relationship or association.
And this can be achieved by healthy and productive association between Marketing and Production people.