Académique Documents
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By:
Jayakumar.r
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PLANNING
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SCHEDULING
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PRODUCTION CONTROL:
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STRATEGY:
Production management
cycle
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Capacity planning
The broad classes of capacity planning are lead strategy, lag strategy, and
match strategy.
Lead strategy is adding capacity in anticipation of an increase in demand.
Lead strategy is an aggressive strategy with the goal of luring customers away
from the company's competitors. The possible disadvantage to this strategy is
that it often results in excess inventory, which is costly and often wasteful.
Lag strategy refers to adding capacity only after the organization is running at
full capacity or beyond due to increase in demand . This is a more
conservative strategy. It decreases the risk of waste, but it may result in the
loss of possible customers.
Match strategy is adding capacity in small amounts in response to changing
demand in the market. This is a more moderate strategy.
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Examples
PRODUCTION
OPERATION
MANAGEMENT
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Job Production
Batch Production
Continuous Production
oMass Production
oFlow Production
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Job Production:
Batch Production:
Batch Production is the manufacture of number of
identical products either to meet the specific order or to satisfy the
demand. When the Production of plant and equipment is terminated,
the plant and equipment can be used for producing similar products.
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Continuous Production:
Continuous Production system is the specialized manufacture
of identical products on which the machinery and equipment is fully engaged.
The continuous production is normally associated with large quantities and with
high rate of demand. Hence the advantage of automatic production is taken.
This system is classified as
Mass Production:
Here same type of product is produced to meet the demand of
an assembly line or the market. This system needs good planning for
material, process,maintenance of machines and instruction to operators.
Purchases of materials in bulk quantities is advisable.
Flow Production:
The difference between Mass and Flow Production is the type
of product and its relation to the plant. In Mass Production identical products
are produced in large numbers. If the demand falls or ceases, the machinery
and equipment, after slight modification be used for manufacturing products
of similar nature. In flow production, the plant and equipment is designed for
a specified product.
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Finance
Sales HRM
OM
QA
Marketing
MIS Accounting
Engineering
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The functions of Production Management depend upon the size of the firm.
In small firms the production Manager may have to look after production
planning and control along with Personnel,Marketing, Finance and Purchase
functions. In medium sized firms, there may be separate managers for
Personnel, marketing and Finance functions. But the production planning
and control and Purchase and stores may be under the control of Production
management department. In large sized firms the activities of Production
Management is confined to the management of production activities only
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There are no hard and fast rule or guidelines to specify the function of
Production Management,but in the academic interest we can mention Some
of the functions, which are looked after by theProduction Management
department. They are
Materials
Methods
Machines and Equipment
Estimating
Loading and Scheduling
Routing
Despatching
Expediting or Follow up
Inspection
Evaluation
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Industrial relations
Personal Management
Personal management is about mapping a plan for your life that will
involve setting short-range and long-range goals and investigating
different ways to reach those goals. Education, training, and
experience all help make your goals become a reality. When an
individual or a team of individuals takes on this task of seeing to
programs and setting policies that impact everyone associated with the
company, they are engaged in the process of personnel management,
sometimes referred to as human resources (HR) management.
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Topics :
included leaders, leadership, and followership; initiating
structure and consideration; and
autocratic, democratic, and laissez-faire styles of management.
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References:
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