Principles of Management in Production

It enables us to plan, coordinate, and control our activities to achieve certain goals.

It helps them tackle the problems of their business easily.

Planning, selection of materials, planning of processes, Routing, Scheduling, and controlling the activities.

<p>Fixed costs and variable costs (such as labour cost and materials costs)</p> Signup and view all the answers

<p>By selecting raw students, planning course work, educating students, and conducting examinations.</p> Signup and view all the answers

<p>They cannot be stored physically</p> Signup and view all the answers

<p>Because they involve professional or intellectual judgments that cannot be easily standardized</p> Signup and view all the answers

<p>It is applicable to any field of life, including service organizations and project management.</p> Signup and view all the answers

<p>They are often brought to the project site</p> Signup and view all the answers

<p>They are similar to those faced in Production departments, but smaller in magnitude.</p> Signup and view all the answers

<p>Because the input costs and output costs are measurable</p> Signup and view all the answers

<p>They are removed from the site</p> Signup and view all the answers