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Activities Relating to Production System Designing
Decision relating to the production system design is the firm and foremost activity of the production management. This activity concerns the production engineering and includes problems regarding design of tools and jigs. The design, development and installation of equipment and the selection of the optimum size of the firm. All these areas require the technical expertise on the part of the production manager and his staff. The selection of an optimum plant location very much depends upon the decision taken regarding production engineering. The next decision regarding production system design concerns the use of those techniques which are concerned with work environment and work measurement and includes problems like motion study process analysis, layout of the plant materials handling and time study.Apart from these problems the production system designer should pay full attention to two other important problems viz:
Demand curve to estimate the consumer surplus: Adam's demand curve for commodity X is: XA = 10 - 2Px . Betty's demand curve for commodity X is: XB = 10 - 3Px . (a) What is
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