Approaches on the Operational Performance of Production Systems

The performance concept originated from the concept of firm management. The performance management of the firm involves improving its value-cost relationship, which means that the firm will be able to build a product or service, in terms of achieving cost and profitability targets, and compare the results with strategic forecasts. In addition, performance management also requires the firm's ability to develop a dynamic and continuous progress. In such conditions, its performance evaluation is not an objective in itself, but a means used by the organization to achieve progress. The paper will address issues which relate to improving performance and all the instruments used for this purpose.