A study on production_management_system

May 29th, 2015
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Aberystwyth University
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“Production management deals with the decision making related to production Process of that the resulting goods and service is produced according to specifications In the amounts and at the scheduled demanded and At minimum cost”

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AEREN FOUNDATIONS Maharashtra Govt. Reg. No.: F-11724SUBJECT: PRODUCTION MANAGEMENT(FULL MARKS : 80)1. What is controlled Flexibility. Discuss in the context of Managing services.2. Does depreciation figure in the capital budgeting process. Explain . What are the merits and demerits of NPV and IRR.3. For what kind of industries and products do you feel that statistical process control may not be quite applicable. Describe the different situations.4. What is the difference between Six sigma and TQM initiatives. Discuss.5. What is Paretos L

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