Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: Md. Alamgir Hossan on May 23, 2017, 04:54:41 PM
-
Production management refers to planning, organization, direction, coordination and control of the production function in such a way that desired goods and services could be produced at the right time, in right quantity, and at the right cost. Some authors treat material, purchase and inventory management as part of production management. Production management involves the following functions:
(a) Product planning and development,
(b) Plant location, layout and maintenance,
(c) Production systems and machines,
(d) Management of purchase and storage of materials,
(e) Ensuring effective production control.