Abstract
The manufacturing process is a chain of activities aimed at meeting management objectives. These objectives are mainly carried out through the engineering profession.
Each stage in the engineering cycle has its own objectives and criteria of optimization according to its function. Not even a single stage considers management’s primary criterion of optimization as its primary objective.
Most decisions are made by engineers who are not qualified to make economic decisions. Thus, there is vagueness as to who should make certain decisions, a situation with the potential to upset enterprise efficiency and profit. This chapter attempts to clarify the dilemma surrounding such decisions so as to improve efficiency.
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© 2014 Springer International Publishing Switzerland
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Halevi, G. (2014). Introduction. In: Industrial Management- Control and Profit. Lecture Notes in Management and Industrial Engineering, vol 1. Springer, Cham. https://doi.org/10.1007/978-3-319-03470-6_1
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DOI: https://doi.org/10.1007/978-3-319-03470-6_1
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-03469-0
Online ISBN: 978-3-319-03470-6
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