𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Production and operations management

✍ Scribed by Emerson M. Babb

Publisher
John Wiley and Sons
Year
1986
Tongue
English
Weight
642 KB
Volume
2
Category
Article
ISSN
0742-4477

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✦ Synopsis

The historical development of research on production and operations management was traced from its roots in firm cost and efficiency studies through systems analysis research. This research made an important contribution to improved performance of firms. Reasons for the sharp decline of research in this area were examined. One reason relates to the fact that research problems had less direct relevance to the firm. Information needs of firms and others were examined. This provided the basis for identdjing needed mearch. While a number of research problem areas were described, two were discussed in depth: comparative performance information and expert systems.

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## Abstract A firm chooses the production speed and amount of labor that maximizes profit in a perfectly competitive market. Faster production raises management expenses and the unit cost of production mistakes. Adding workers enhances the division of labor on the production line and raises work‐in