English for Managers. Аристова Е.В. - 28 стр.

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use of financial resources is generally и carded as beyond the responsibility of
production management, many manufacturing firms with large inventories (more
than 50 percent of total assets) usually hold production managers responsible for
Inventories. Successful inventory management, which involves the solution of the
problem of which items to carry in inventory in various locations is critical to a
company's competitive success. Not carrying an Item can result in delays in getting
needed parts or supplies, but carrying every item at every location can tie up huge
amounts of capital and result in an accumulation of obsolete, unusable stock.
Managers generally rely on mathematical models and computer systems developed
by industrial engineers to handle the problems of inventory control.
To control labour costs, managers must first measure the amount and type of
work required to produce a product and then specify well-designed, efficient methods
for accomplishing the necessary manufacturing tasks. In new operations particularly,
it is important to anticipate human resource requirements and to translate them into
recruiting and training programs so that a nucleus of appropriately skilled operators is
available as production machinery and equipment are installed. Specialized groups
responsible for support activities (such as equipment maintenance, plant services and
production scheduling, and control activities) also need to be hired, trained, and
properly equipped. This type of careful personnel planning reduces the chance that
expensive capital equipment will stand idle and that effort, time, and materials will be
wasted during start-up and regular operations.
The effective use and control of materials often involves investigations of the
causes of scrap and waste; this, in turn, can lead to alternative materials and handling
methods to improve the production process. The effective control of machinery and
equipment depends on each machine's suitability to its specific task, the degree of its
utilization, the extent to which it is kept in optimum running condition.
Assignment. Answer the questions:
1. What are the main responsibilities of production manager? Name them.
2. What does "five M's" mean?
3. What are the purposes of process control?
4. What is inventory control?
5. What is considered to be a successful inventory management?
6. What does labour costs control deal with?
7. What does control of machinery and equipment depend on?
Assignment. Read the text below to answer the questions:
1. What methods have been developed to solve production management problems?
2. What problems characterize most of today's production operations?
3. What is necessary to run many mass production operations?
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