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Discrete manufacturing is often characterized by individual or separate unit production. Units can be produced in low volume with very high complexity or high volumes of low complexity. Low volume/high complexity production results in the need for a flexible manufacturing system that can improve quality and time-to-market speed while cutting costs.
An individual production system is usually analyzed in the literature referring to a single business; therefore it is usually improper to include in a given production system the operations necessary to process goods that are obtained by purchasing or the operations carried by the customer on the sold products, the reason being simply that ...
Project production management (PPM) [1] [2] is the application of operations management [2] [3] to the delivery of capital projects. The PPM framework is based on a project as a production system view, [ 1 ] [ 2 ] [ 3 ] in which a project transforms inputs (raw materials, information, labor, plant & machinery) into outputs (goods and services).
The tendency to exploit economies of scale entails a continuous increase in the volume of production which, in turn, requires a constant expansion of the size of the market. [30] However, if the market does not expand at the same rate as production increases, overproduction crises can occur.
Based on the accounted changes of productivity and production volume values we can explicitly conclude on which part of the production function the production is. The rules of interpretations are the following: The production is on the part of “increasing returns” on the production function, when productivity and production volume increase or
Production and Operations Management is a monthly peer-reviewed academic journal covering research on all aspects of operations management, production management, management science, supply chain management, and manufacturing engineering. It is published by Wiley-Blackwell on behalf of the Production and Operations Management Society.
The emerging area of Project Production Management (PPM), based on viewing project activities as a production system, adopts the same notion of production control to take steps to regulate the behavior of a production system where in this case the production system is a capital project, rather than a physical facility or a physically dispersed ...
Manufacturing operations management (MOM) is a collection of systems for managing end-to-end manufacturing processes with a view to optimizing efficiency. [1] There are many types of MOM software, including for production management, performance analysis, quality and compliance, and human machine interface (HMI). Production management software ...