Production refers to the creation of goods and services for consumption by the society. This production means converting inputs into outputs as per the need of the society. Production management encompasses all those activities that enable conversion of a set of inputs into outputs which are useful to meet the human needs. Production Management is the […]
Management > Managerial Statistics > Introduction to Statistics What is a Statistic? Statistics has been defined differently by different authors and each author has assigned new limits to the field which should be included in the scope of statistics Seligman, defines “It is a science which deals with the method of collecting, classifying, presenting, comparing and […]