If your business is built around the creation of a product, managing the manufacture of that item dictates the degree of success your business enjoys. Understanding a variety of production management ...

Capacity decisions abound in the business world, and balancing various capacities reflects how a company approaches business. Production capacity deals with output and how a manufacturer balances raw ...

One little-discussed reason for the spate of improved corporate earnings is that production costs in the U.S. are trending downward. Though some businessmen still find themselves in a wage-price ...

Important, though seldom discussed, is the manufacturing ratio between a day’s pay and a day’s work. Last week Gerard Swope, president of General Electric Co., discussed piecework versus timework ...