Production Management
- Business
Industrial Robot and Its Advantages in Modern Production
Industrial robot is highly expertise robot through which dangerous mechanical works are done. The monotonous dangerous job is done by…
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5 Tools and Techniques of Production Control
According to Fayol, “Control consists in verifying whether everything occurs in conformity with the adopted plan and established principles. The…
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Importance of Inventory Turnover Ratio for Control of Inventory and Purchases
One important method of exercising control over inventory is the application of ratio analysis to the inventory. In this context,…
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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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Importance Of Production Management to The Business Firm
Production is a line activity in any business organization. It is, as matter of fact, gateway to the road of…
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Marginal Rate Of Technical Substitution And Isoquant Curve
Marginal Rate Of Technical Substitution It is possible to substitute one factor for the other in production process. For example,…
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