Production management is a distinct branch of management focused on producing goods and services to meet consumer demand effectively. It involves establishing a relationship between market demand and production capabilities while creating various types of utility. Key aspects include managing quality, quantity, and price to ensure economical production and return on investment.

1. Production
Management
Prof. Afsana

2. Introduction to Production
Management
• primary factor for all consumers in a
market
• want satisfying capacity of an element
• production management is a separate
branch of management which deals
with the production of goods and
services for the effective utilization of
consumers in the market

3. Production Function
• the consumer demand relating to quality, quantity and price.
• permit the production activity in an economical manner so that
return in investment can be possible.

4. Production Management
• is called upon to develop and establish relationship between market
demand and production capability of an enterprise.
• While the input is transferred into output various types of utility are
created.
•Form Utility
•Place Utility
•Time Utility
•Service Utility
•Knowledge Utility

5. Form Utility

6. Place Utility

7. Time Utility

8. Service Utility

9. Knowledge Utility

10. Thank You…