Modern Production Management

Applying management principles to the production processes within a factory falls under the scope of production management. Its core functions include organizing, directing, controlling, and planning production activities. It particularly focuses on converting raw materials into finished goods. It also includes decision-making regarding product quantity, quality, and cost optimization. The primary goal of production management is to ensure the timely and cost-effective production of quantified goods and services while meeting specified quality standards. Moreover, production management plays a vital role in maximizing the production capacity utilization of a company or firm. This book provides comprehensive insights into the field of production management. The topics covered in this extensive book deal with the core aspects of this field. Coherent flow of topics, student-friendly language and extensive use of examples make this textbook an invaluable source of knowledge in the field of production management.