What is production management?
Asked by Kothmirkar Vinay kumar
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1 Answer
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A few definitions thinkable and I find apt are :
The job of coordinating and controlling the activities required to make a product, typically involving effective control of scheduling, cost, performance, quality, and waste requirements. Production management deals with converting raw materials into finished goods or products. It brings together the 6 MS I. e. men, money, machines, materials, methods and markets to satisfy the wants of the people. Production management also deals with decision-making regarding the quality, quantity, cost, etc. , of production. It applies management principles to production. Production management is a par...more
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