Production Management 3rd Semester RMLAU BBA Notes

Unit 1
Production Management, Definitions, History, Objectives, Scope, Types VIEW
Production Process VIEW
Production: The Heart of an Organization VIEW
Importance of Technology in Production VIEW
Unit 2
Concept of Forecasting: Purpose of Sales Forecasting; Basic Elements of Forecasting; Importance of Forecasting; Objectives of Forecasting VIEW
Classification of Forecasting: Qualitative and Quantitative Techniques of Forecasting VIEW
Unit 3
Product Selection VIEW
Definitions of Product Design and Development VIEW
Need for Product Design and Development VIEW
Origin of the Product Idea VIEW
Selection from Various Alternatives VIEW
Choosing among Alternative Products VIEW
Modifying the Existing Products VIEW
Sources of Product VIEW
Unit 4
Production Planning and Control (PPC) VIEW
Production Planning and Control (PPC), Nature, Types of Plans, Elements, Strategy of Production Planning VIEW
Aggregate Planning VIEW
Main Functions of Production Planning and Control (PPC) VIEW

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