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Showing posts with the label scope of Production Management

Definition of Production Management. scope of Production Management and functions of Production Management.(Importance)

Production is the basis activity of all industrial units. It involves conversion of one form of materials to another through chemical or mechanical processing to create utility of the products and services. According to economist, production is an activity through which the form utility is either created or enhance. Production Managements is the process of planning, organising, directing, and controlling the activities of production function. Production function is the conversion of raw-material into finished products.                 According to Prof. H. A. Harding : "Production Management is concerned with those processes which convert inputs into outputs, Input resources like raw-material, man, machines, methods, etc and outputs are goods and services. "                According to Prof. E. S. Buffa: "Production Management deals with decision making related to production process so that the resulting goods and services are producing according to specification, in the