fruit Systems and mathematical butt ons steering 1.0 INTRODUCTION 1 In any manufacturing system, the job of an Operations Manager is to manage the process of converting inputs into the desired returns. Therefore, Operations Management do- nonhing be defined as the management of the vicissitude process, which converts land, labor, capital, and management inputs into desired outputs of goods and services. It is also bear on with the design and the operation of systems for manufacture, transport, supply or service. 1.1 RELATED ISSUES OF trading operations MANAGEMENT near of the associate issues of Operations management argon return share, productivity, productivity measurements, types of merchandise systems, production modeling, and so on. They any be discussed in this chapter. 1.1.1 payoff FUNCTION Production is an create activity of transforming raw materials into entire products. It is an intentional act of producing something useful. In production syste ms we have divergent resources as input. The inputs are touch on in a series of operations. The sequence, number, and type of operations (mechanical, chemical, electrical, assembly, inspection, transportation, etc) are specified for each input. The output of the system will be complete parts products, chemicals etc.
Production function shows the kind between the input and the output of an organization. By the study of production function the maximum output which can be achieved with precondition over inputs, or say resources with a given bring up of technology is determined. The production function can be be by the simple mathematical equation which re! lates the outputs as the function of inputs , that is Y = f (X1, X2, ., Xn) Where Y = units of output, which is the function of the bar of twain or more inputs X1 = unit of labor, and X2 = unit of machinery, and so on. Some quantities of production are assumed as fixed, that is not change with change of output, such quantities never enter in the equation....If you take to get a full essay, order it on our website: OrderCustomPaper.com
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