Operations

Chain of production

The chain of production consists of the various stages involved in the production of a particular product.The...

Stock control

Businesses hold stocks in a variety of forms:raw materialswork-in-progressfinished goodsconsumablesplant and machinery spares.The aim of stock control...

Production and quality

The term 'quality' in a business sense means 'fitness for purpose'. A supplier supplies a quality product...

Quality

Quality is often defined as 'fitness for purpose'. In other words a quality product is one that...

Factors of production

The term factors of production relates to the key factors that go into making goods. It is...

Operations

Operating activities (or operations) are the ongoing activities that a business is involved in - e.g. processing...

Production and resource requirements

Production consists of all those processes which involve converting inputs into finished outputs that can be sold...

Critical path analysis

Critical Path Analysis (CPA) is a management tool designed to ensure the most efficient scheduling of any...

Constraints on production

There are a number of limiting factors that determine the quantity and nature of output that a...

Production process

The production process is concerned with transforming a range of inputs into those outputs that are required...

Production specialisation and division of labour

Specialisation is a key feature of complex industrial societies like our own. It takes place at a...

Planning controlling and reporting

Planning, control and reporting are three important aspects of effective production. Production plans set out the targets,...

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