Chapter 11 Production and operations management

Chapter 11 Production and operations management - Chapter...

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Chapter 11 Production and operations management o Production : Application of resources such as people and machinery to convert materials into finished goods and services. o Production and Operations Management: Production Systems o Every organization has its own inputs, transformation process and outputs Strategic Importance of the Production Function o A vital function is necessary for generating cash to pay empl, lenders and stockholders. o Effective production and operations management can Lower costs of production Boost quality of G and S Allow it to respond to customer demands Enable it to renew itself by providing new products Mass, Flexible and Customer-Driven Production o Mass Production o Flexible Production- producing smaller batches using info technology, communication and cooperation. o Customer-Driven Production – evaluating customer demands to link with manufacturer. Technology and The production process
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This note was uploaded on 01/22/2012 for the course INTRO TO B 100 taught by Professor Reaves during the Fall '10 term at Rutgers.

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Chapter 11 Production and operations management - Chapter...

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