Intermediate objective goals, Operation Management

Intermediate objective goals

1. Machinery and Equipment: The objectives in the  area of machinery  and equipment  are divided into:

  • Acquisition of machinery and  equipment.
  • Utilization of machinery and  equipment.

 

The adequacy of the existing  of the  machinery should be considered and  proper additions and  replacements should  be made according to the requirements. Efforts should also be made to increase the  utilization rate of machinery through repair, maintenance  and maximum occupancy of the machines .

2. Materials: The materials objectives must be  prescribed in terms of units  rupee value and space requirements. The per unit  materials costs should  be specified and efforts should be made to increase the inventory turnover of all types of inventories raw  materials work in progress and finished goods.

3. Manpower: Manpower is an important as well as typical input in manufacturing activities. So the objectives of the production activities are as regards manpower must be closely allied with the objectives of selection, placement, training, rewarding and utilization of manpower. Generally these objectives are considered in terms of employee turnover rates, safety measurements, industrial relations, absenteeism and so on.

4. Manufacturing Services: The provision of proper and adequate services directly affects the  utilization of  other inputs  such as men machines and materials. Proper objectives should  be set for the installation of important facilities such as power, water supply material handing  etc. In a condensed form it can be stated that the objectives of the manufacturing activities  are to manufacture a quality product, on schedule at the lowest possible costs  with  maximum asset turnover, to achieve consumer satisfaction. This statement is closely related to the ultimate and intermediate objectives of the production function

Posted Date: 12/11/2012 5:06:19 AM | Location : United States







Related Discussions:- Intermediate objective goals, Assignment Help, Ask Question on Intermediate objective goals, Get Answer, Expert's Help, Intermediate objective goals Discussions

Write discussion on Intermediate objective goals
Your posts are moderated
Related Questions
The marketing objective for a product in the _____ stage of the product life cycle is to create consumer awareness and gain trial. introduction growth maturity decline

Develop a decision tree for the case of a company is operating at full capacity and with product demand rising. The choice is between new equipment and overtime. A 20% rise in sale

A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload, so the company is considering t

Do you think these primary external organizational considerations are the same across all industries, or do different industries (like manufacturing vs. health care) have different

A special coffeehouse sells Colombian coffee at a fairly steady reat of 30 pounds per month. The beans are purchased from a local supplier for $3.20 per pound. The coffeehouse esti

Prepare a brief analysis of the vacation cruise industry using Porters Five Force Analysis. Briefly discuss the nature and strength of each of the five competitive forces. Identify

Shirley Hopkins is developing a problem in leadership training for middle-level managers. Shirley has listed a number of activities that must be completed before a training program

The government spends a large amount of money each year on contracts. In fact, the federal procurement department spent over $425 billion in the fiscal year 2006 with over $33 mill

The MPS for product A calls for 100 units to be completed in week 4 and 200 units in week 7 (the lead time is 1 week). Spare part demand for Item B is 10 units per week. The bill o

The quesstion is to develop a scattr diagram using total number of shiments and number of defective shiments. This is for Project management mgmt. can some one help me with this