Cost and revenue are the two most important terms in business economics. The target of every business is to minimize the cost and maximize the revenue so that business makes the maximum profit.Read more
It’s a pre-determined process. Production planning and control are the two strategies that are working together in every manufacturing unit.Read more
Definition of Product planning: Product planning is the evaluation of the range, specification, and pricing of new and existing productsRead more
What is Product Design?
Before starting to manufacture a new product or improve a product, it is essential to design the product first.
When a new idea has been conceived and developed to the point at which it shows itself to be both technically and commercially stable, it considers how the product should be made, Factors affecting product design, etc.Read more
What is Plant layout- Plant layout means the arrangement of equipment, material, etc facilities and services of the plant within the selected work area to achieve the productivity as high as possible.Read more
What is Production? Production is a process of value addition, which is developed to transform a set of input elements likeRead more
Preventive maintenance is maintenance carried out before the breakdown occurs. It tried tries to minimize problems of breakdown maintenanceRead more
Industrial maintenance is a process of maintaining machines and equipment in a factory. The maintenance division of the factory ensures the availability of machines and equipment to perform their function at optimum conditions.Read more