Tag Archives | Industries

Classification of Products: 4 Types

Products may be classified as:- 1. Convenience Goods 2. Shopping Goods 3. Specialty Goods 4. Industrial Goods. Type # 1. Convenience Goods: Convenience goods such as cigarettes, candy bars, blades, magazines etc. All these items are found clustered around the checkout stand of food stores, and food, of course, is usually a convenience good. Convenience goods are placed so that [...]

By |2017-02-06T21:14:03+05:30February 6, 2017|Production Management|Comments Off on Classification of Products: 4 Types

Process and Machine Capabilities | Production Management

After reading this article you will learn about the process and machine capabilities. Process Capabilities: A process capability study is a determination of the total spread of the process as determined by measuring the product produced under controlled conditions. The process capability is independent of the specification but is determined by: (i) The condition of the machine, (ii) Operator skill, [...]

By |2017-02-06T21:14:02+05:30February 6, 2017|Production Management|Comments Off on Process and Machine Capabilities | Production Management

Classification of Sampling Plans | Industries

Sampling plans may be classified as follows: 1. Single Sampling Plans 2. Double Sampling Plans 3. Multiple Sampling Plans 4. Sequential Sampling Plan (Item by Item Analysis).   1. Single Sampling Plans: A lot is accepted or rejected on the basis of a single sample drawn from that lot. i. Under this plan, a lot is accepted or rejected on [...]

By |2017-02-06T21:14:02+05:30February 6, 2017|Production Management|Comments Off on Classification of Sampling Plans | Industries
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