An Evaluation of Production Process and Capacity Utilization

An Evaluation of Production Process and Capacity Utilization

DEFINITION OF CONCEPTS: Production management is essential and basic to all organizations whether it is it is manufacturing or serves. It should be pointed out that the survival of the organization is dependent on how it’s production processes are managed, the basis of production is the transformation of inputs into goods and services. Products and services are usually the first thing which customers see of a company. This is why it is important that they are designed to meet their needs and expectations. Customers might also expect that designs be updated at frequent intervals to reflect fashion, technological advances or changing needs. So in addition to the intrinsic merit of the product and services designs, for many organization, it is also the continual development of designs and the creation of totally new designs which help to shape their competitive position. [Read more…]