Production Management
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ABC Analysis: Advantages of ABC Analysis in Inventory Control
ABC analysis is a form of control over stores. Its full name is Always Bola control and it is also…
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Calculation of Economic Order Quantity and Its Weaknesses
A strategic factor in inventory control is computing the optimum size of a normal purchase order. It is the quantity…
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Factors To be Considered while Fixing Maximum and Minimum Stock Limits
As we know that the major goal of inventory control is to discover and maintain the optimum level of inventory…
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10 Essentials of a Good Inventory Control System
For an efficient and successful inventory control here are certain important conditions or elements. They are as follows (1) Classification…
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Objectives and Importance of Inventory Control in an Organization
Inventories constitute the principal items in the working capital of the majority of trading and industrial companies. In inventory the…
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Organizational Structure of a Large sized Manufacturing Company
A sound organizational structure is essential for efficient management of the production function. The exact nature and type of organization…
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Functions and Responsibilities of a Production Manager in a Large size Organization
In the present era of cut-throat competition at various stages of operations, an enterprise should produce goods and services keeping…
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Dominant Problems of Production Management And Methods to Tackle Them
Production management comprises decision-making concerned with production process resulting in the production of the wanted things under limited cost and…
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Distinguish Between Production Function And Production Management
Production Management is the most important functional area of Management. It is the basic line activity which forms the very…
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Scope And Functions Of Production Management
The scope of production management is very wide. It comprises all activities right from the design and layout of production…
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