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    Operational Management 1

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    Aditya Agrawal
    The document is an introductory chapter about production and operations management. It defines production as the process of converting raw materials into finished products. It also describes a production system model comprising a production system, conversion subsystem, and control subsystem. Finally, it explains that operations managers make strategic, operating, and control decisions regarding production activities.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd

    Operational Management 1

    Uploaded by

    Aditya Agrawal
    802 views10 pages
    The document is an introductory chapter about production and operations management. It defines production as the process of converting raw materials into finished products. It also describes a production system model comprising a production system, conversion subsystem, and control subsystem. Finally, it explains that operations managers make strategic, operating, and control decisions regarding production activities.

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    Part1

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    The document is an introductory chapter about production and operations management. It defines production as the process of converting raw materials into finished products. It also describes a production system model comprising a production system, conversion subsystem, and control subsystem. Finally, it explains that operations managers make strategic, operating, and control decisions regarding production activities.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    802 views10 pages

    Operational Management 1

    Uploaded by

    Aditya Agrawal
    The document is an introductory chapter about production and operations management. It defines production as the process of converting raw materials into finished products. It also describes a production system model comprising a production system, conversion subsystem, and control subsystem. Finally, it explains that operations managers make strategic, operating, and control decisions regarding production activities.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 10

    PRODUCTIONAND

    OPERATIONS
    MANAGEMENT
    Chapter 1
    INTRODUCTION TO
    PRODUCTION AND OPERATIONS
    MANAGEEMNT

    Chapter 1
    Introduction to Production and
    Operations Management

    Production is the process by which raw


    materials and other inputs are converted into
    finished products.

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    Production system model comprises:


    i. Production system,
    ii. Conversion sub-system and
    iii. Control sub-system.

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    A Production System Model

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    Operation managers are required to make a series


    of decisions in the production function.
    The decisions made by operation managers about
    the activities of production systems tend to fall
    into three general categories, viz.,
    i. Strategic decisions
    ii. Operating decisions
    iii. Control decisions

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    POM Decisions and their Applications

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    Importance of Production Function


    Production function can offer competitive advantage to
    a firm in the following areas:
    Shorter new-product-lead time
    More inventory turns
    Shorter manufacturing lead time
    Higher quality
    Greater flexibility
    Better customer service
    Reduced wastage
    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    Production Management and Operations


    Management

    Production management refers to the application of


    management principles to the production function in a
    factory. In other words, production management involves
    application of planning, organising, directing and controlling
    to the production process.
    Operations management is the process in which
    resorurces/inputs are converted into more useful products
    Production management and operations management are
    differentiated based on tangibilities of finished
    goods/services

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    Characteristics of Modern Production


    and Operations Function
    1.
    2.
    3.
    4.

    Manufacturing as Competitive Advantage


    Services Orientation
    Disappearance of Smokestacks
    Small has Become Beautiful

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

    Chapter 1
    Introduction to Production and
    Operations Management

    Recent Trends in
    Production/Operations management
    1. Global Market Place
    2. Production/Operations Strategy
    3. Total Quality Management (TQM)
    4. Flexibility
    5. Time Reduction
    6. Technology
    7. Worker Involvement
    8. Re-engineering
    9. Environmental Issues
    10. Corporate Downsizing (or Right Sizing)
    11. Supply-Chain Management
    12. Lean Production

    Himalaya Publishing House

    Production and Operations Management


    by K. Aswathappa & K. Shridhara Bhat

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