Accounting technicians scheme west africa
SECTION B PRODUCTION MANAGEMENT
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| SECTION B PRODUCTION MANAGEMENT Section contents (a) Learning objectives b) Meaning of Production c) Objectives of Production Management d) Production Management e) Plant (Facilities) Location f) Factors Influencing Plant Location g) Plant layout and design h) Objectives of Plant Layout i) Principles of Plant Layout j) Factors Influencing Plant Layout and Design k) Types of Plant Layout l) Production Systems m) Components of a production system n) Features of Production systems o) Factors influencing Type of Production System Used p) Review questions Learning Objectives After reading this section, the reader should be able to ▪ Define production. ▪ State the objectives of production. ▪ Define production management. ▪ State factors to consider in plant location. ▪ State and explain the functions of production management. ▪ Define plant layout. ▪ State the objectives of plant layout. ▪ State the principles of plant layout. ▪ State the factors that can influence plant layout. ▪ Explain production systems and their features. B.1 Meaning of Production Production is defined as the step-by-step conversion of one form of material into another form through chemical or mechanical process to create or enhance the utility of the product to the user. Thus production is a value addition process. At each stage of processing, there will be value addition. Production mainly deals with conversion of raw materials to final, useful and desirable output. Output in this case can be either product or services. Product refers to tangible products/items we buy to satisfy our wants and needs for example, food, furniture, fuel, books and clothing, etc. Services have to do with intangible products/items we patronize to satisfy 220 human wants and needs for example, healthcare, entertainment, telephone services, and sports, etc. One of the major aspects of production is known as process. Process deals with transformation of inputs (raw materials, money, machines, labour, information, etc) into products and services. Hence, production is defined as the process of transforming inputs into outputs (goods and services) using a production system. A production system, therefore, has to do with any environment within which inputs are transformed into products and services. Production systems are found in Agriculture, Industry, Commerce and Direct services. The production system has the following characteristics a) Production is an organized activity, so every production system has an objective. b) The system transforms the various inputs to useful outputs. c) It does not operate in isolation from the other organization system. d) There exists a feedback about the activities, which is essential to control and improve system performance. Download 3.37 Mb. Share with your friends:
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