industrial management Flashcards
branch of engineering field
is a branch of engineering field that facilitates the creation of management systems and integrates the same with people and their activities to productively utilize the resources
INDUSTRIAL MANAGEMENT
defined management is to forecast and plan to, to organize, to plan and to coordinate and to control
HENRY FAYOL
defined management is commonly used to cover the formation of policy, its execution, the designing of its organization and its employment
OLIVER SHELDON
are used for recording the accomplishment of both workers and machines and for comparing them with established standards
CHARTS
the term “industrial management” came into use in the _______ around the turn of the twentieth century after the industrial revolution
UNITED STATES
The first sustained effort in the direction of improved efficiency was made by
__________
His principles of scientific management resulted in:
- Use of scientific method to define “one best way” for the job to be done
- Increased efficiency by selecting the right people for the job and training them to do
it in one best way
- Motivation to workers due to incentive wage plans
Frederick W Taylor
the accidental discovery
of the importance of human relations was made by the Hawthorne studies from 1927 which
was supervised by ____
Elton Mayo
is any system that produces either a product or a service. On the other
hand, production management attempts to familiarize a person with concepts and techniques
specific to the analysis and management of a production activity
Productive system
is mostly associated with managing a production environment.
Production management
are outside its purview on the other hand, industrial
management is concerned with designing system and providing expert information without
actually operating the systems
Productive system
is a sub-specialty of
industrial management
Production or operations management
the unit cost of the product should be estimated carefully
and every effort should be made to stick to the cost standards.
Manufacturing Costs
the objectives in the area of
machinery
and
equipment are divided into:
(i). Selection and acquisition of machinery and equipment according to
production process.
(ii). Utilization of machinery and equipment
Machinery and Equipment
must be prescribed in terms of units, money
value and space requirements
Materials objectives
is an important as well as typical input in manufacturing
activities.
Manpower
the provision of proper and adequate services directly
affects the utilization of other inputs such as men, machines and materials.
Manufacturing Services