3. PRODUCTION SYSTEM3
"The methods, procedure or arrangement
which includes all functions required to
accumulate (gather) the inputs, process or
reprocess the inputs, and deliver the
marketable output (goods)."
4. 4 Production system consists of three main components viz.,
Inputs, Conversion Process and Output.
Inputs include raw-materials, machines, man-hours, components or parts, drawing,
instructions and other paper works.
Conversion process includes operations (actual production process).
Operations may be either manual or mechanical or chemical.
Operations convert inputs into output.
Output includes finished products, finished goods (parts), and services.
5. Production5
Production may be defined as “The organised activity of
transforming resources into finished products in the form
of goods and services”
7. Scope7
Cost Reduction & Cost Control Work Study & Job Design
Process Selection & Planning Quality Assurance & Control
Production Planning & Control Plant Layout
Product Selection & Design Capacity Control
Inventory Control Maintenance & Replacement
8. Importance of Production Management8
Strategic
Decisions
• Production Planning
• Plant Location & Layout
Operational
Decisions
• Inventory Management
• Logistics Management
• Production Planning
Control Decisions
• Time Management
• Inventory Management
• Cost Control