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Answer» Production management: - The process which includes planning for production, deciding programmes, maintaining co-ordination, direction and keeping control is called production c management.
- The process of converting naturally available raw material into consumable finished goods with the help of human efforts is known as production:
- Production management takes care that the goods and services produced are capable of satisfying the needs of the customers.
Following functions are included in production management: - To decide production plan
- To undertake production researdh
- To select product development as well as product-mix
- To select technology and machinery for production
- To take decisions regarding selection of location for production as well as its layout
- To estimate material and other needs for production
- To control production activity
- To control product quality
- To undertake activities for controlling expenditure maintaining and increasing productivity _
- To introduce variety of products and simplify production process
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