Production-control summary

processes inventory inspection costs

observation measuring rate of output; recording idle time or downtime recording stock levels inspecting materials and parts collecting cost data

analysis comparing progress with the plan analyzing demand for stocks in different uses and at different times estimating process capabilities computing costs in relation to estimates

corrective action expediting issuing production and procurement orders initiating full inspection; adjusting processes adjusting selling price of product

evaluation estimating production capacity and maintenance schedules drawing up replenishment policies and inventory systems reassessing specifications; improving processes and procedures evaluating production economics; improving data