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The Production Management Complex
OBJECTIVES OF PRODUCTION MANAGEMENT
Production Management Models
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achieve alternative analysis assigned assume average behavior break-even chart cash flows cent characteristics complete control chart control system critical path methods decision decision matrix decision problems decision theory determine discount distribution dollars effect elements equipment estimates evaluation example exist expected expected value facilities factors forecasts function Gantt Gantt chart industry input inventory investment investor linear programming machine materials matrix measure ment method minimum nature number of units objectives observations obtained occur operations Operations Research opportunity cost optimal outcomes output p-chart patent payoff matrix period planning plant possible predictions probability problem production management production process production system profit queue queueing theory relevant result risk sample schedule Section Shewhart situation specific standard strategy tactical technological tion total cost utilized variable costs York