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Product Management
Production management it focuses on the product but it can apply to services as well. It should also give proper attention . The production is not something important it works on various factor like product design , system and especially workforce , they should be happy , motivated and contented with work environment .
Function of Product management
1. Selection of product and design
2. Selection of production process
3.Selection of right production capacity.
4.Production planning
5.Production control
6.Quality and cost control
7.Inventory control
8.Maintenance replacement of machine
Efficiency basic definition is output upon input .
Effectiveness is basically hitting the point on target . if you can achieve again and again .Getting the right target each and every time.
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