Define Production and Operations Management

May 29th, 2015
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Define Production and Operations Management? Ans: Production And Operations Management (POM) can be defined as planning, coordination and controlling of an organization's resources to facilitate the production process. POM is an extremely important management area. Issues such as the location of production facilities, labor and transportation costs, and production forecasting are extremely important considerations.

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Short Q & A:1) Define Production and Operations Management?Ans: Production And Operations Management (POM) can be defined as planning, coordination and controlling of an organization's resources to facilitate the production process. POM is an extremely important management area. Issues such as the location of production facilities, labor and transportation costs, and production forecasting are extremely important considerations.2) What is Line Balancing?Ans: Line Balancing is the process of assigning tasks to workstations in such a way that the workstations have approximately equal time requirements. The objective of line balancing is to obtain equal time requirements at majority of the workstations. This shortens the time of manufacturing as well as reduces the idle time.3) What are the Phases of a Project?Ans: The phases of a project are:a) Initiateb) Planc) Executed) Evaluate4) What is Concurrent Engineering?Ans: Concurrent Engineering refers to the process of bringing together the representatives from various functional areas (like engineering design and manufacturing personnel) to simultaneously design a product and the process by which it should be made.5) W

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