It produces products, which satisfy the customers' needs and wants. Objectives of Production Management Right Quality: the standard of product is established primarily based upon the customers’ wants. Accomplishment of firm's objectives Production management helps the business firm to achieve all its objectives. The main objective of production management is to produce goods and services of the right quality, right quantity, at the right time and at minimum cost. It also tries to improve the efficiency. It can also be stated that production management deals With the processes for decision making of producing goods and services with predetermined specifications. By implementing effective production planning systems, companies can produce products more quickly and precisely, and achieve a set of common objectives. b. So, the firm will increase its sales. This will help it to achieve its objectives. Efficiency: Increased output for a given input. the proper quality isn’t essentially very best … Reputation, Goodwill and Image : Production management … Production management The production control is the function of management which plans, directs and controls the material supply and processing activities of an enterprise so that specified products are produced by specified … An efficient organization can face competition effectively. c. Economy: Production … Objectives of Planning Since it is concerned with not on the plan of production but also implementing the production process is the right way following are few of objectives: Production planning is the systematic and strategic design of production processes in order to achieve the greatest possible efficiency. OBJECTIVES OF PRODUCTION MANAGEMENT The objective of the production management is ‘to produce goods services of right quality and quantity at the right time and right … Objectives of Production and Operations Management: The main objectives may be one of more of the following: a. Productivity: Increased production using given resources.
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