INTRODUCTION• EVERY ORGANIZATION HAS A PRODUCTION FUNCTION WHERE

IT IS CALLED PRODUCTION OR OPERATIONS

• THOSE ACTIVITEIES WHICH IS CONCERNED WITH THE ACQUISTION OF RAW MATERIALS,THEIR CONVERSION INTO FINISHED PRODUCT,AND THE SUPPLY OF THE FINISHED PRODUCT TO THE CUSTOMER

ANOTHER WAY TO THINK ABOUT OPERATION IS THAT AN OPERATION IS WHAT THE COMPANY DOES.TO IDENTIFY THE ROLE OF OPERATIONS WITH AN INDIVIDUAL ORGANIZATION ASK THE QUESTION, “what do you do?” AMAZON.COM MIGHT ANSWER THAT QUESTION WITH “WE SELL BOOKS AND OTHER GOODS ONLINE”. ”what do you mean?” ISN’T SELLING DIFFERENT FROM OPERATIONS? IN THIS CASE NO. BECAUSE HERE SELLING INVOLVES THE OPERATION OF TRANSFERRING OF OWNERSHIP OF PRODUCTS FROM RETAILER TO THE BUYER

MEANING & DEFINATION• “PRODUCTION MANAGEMENT IS THE PROCESS OF EFFECTIVE

PLANNING AND REGULATING THE OPERATIONS OF THAT SECTION OF AN ENTERPRISE WHICH IS RESPONSIBLE FOR THE ACTUAL TRANSFORMATION OF MATERIALS INTO FINISHED PRODUCTS”

• MANAGEMENT DEALS WITH DECISION-MAKING RELATED TO THE PRODUCTION PROCESS.SO THAT THE RESULTING GOODS AND SERVICES ARE PRODUCES IN AN ACCORDANCE WITH THE QUANTITATIVE SPECIFICATIONS AND DEMAND SCHEDULE WITH MINIMUM COST

SPECIFICATION AND PROCUREMENT ON INPUT RESOURCES NAMELY MANAGEMENT,MATERIAL,LAND AND LABOUR,EQUIPMENT AND CAPITAL

SUPERVISON AND CONTROL OF TRANSFORMATION PROCESS FOR EFFICIENT PRODUCTION GOODS AND SERVICES

OBJECTIVES• RIGHT QUALITY

• RIGHT QUANTITY

• MANUFACTURING COSTS

• MANUFACTURING SCHEDULE

INTERMEDIATE OBJECTIVES• MACHINERY & EQUIPMENT’S

• MATERIALS

• MANPOWER

• SUPPORTING SERVICES

TYPES OF PRODUCTIONS

• JOB PRODUCTION

BATCH PRODUCTION

MASS OR FLOW PRODUCTION

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