11th April 2021
Operating characteristics curves
O.C. curves quantifies manufacturer’s (producer’s) risk and consumer’s (purchaser’s) risk. This is a graph of the percentage defective in a…
Study BBA, BMS, B.Com Syllabus wise Notes
O.C. curves quantifies manufacturer’s (producer’s) risk and consumer’s (purchaser’s) risk. This is a graph of the percentage defective in a…
Availability of Raw Materials: Proximity of sources of raw materials is the obvious explanation of the location of majority of…
Factory Building Factory building is a factor which is the most important consideration for every industrial enterprise. A modem factory…
Sargant Florence’s Theory Another theory of location, which has assumed great importance and acquired a wide popularity during recent year,…
Principles of Plant Layout: While designing the plant layout, the following principles must be kept in view: (i) Principle of…
Advantages and Disadvantages of Production and Operations Management
Product development Manufacturers can use digital twins before its physical counterpart is manufactured. This application enables businesses to collect data…
Automation of production is the basis of the development of modern industry and a general trend in technical progress. Its…
Need & Types of Production and Operations Management
Volatility, Uncertainty, Complexity and Ambiguity