Purpose of 4M Change • To closely monitor process and effect of change on product. 4. Man • If new Person join. • Person is on leave for more than 1 month. • Shift time extended • If person is sick. Machine • Machine Change. • Engineering change in Machine. • Preventive Maintenance planned. The five M's of management are analyzed below: 1. Money: money is the most critical and all purpose resource because it is used to acquire or hire other resources. In organization , money is employed to generate more money in the form of profits or surplus. A business firm or enterprise requires money in the form of fixed capital and working M - Material หรือวัตถุดิบ หรือสิ่งที่ต้องใช้ในการผลิตสินค้าหรือบริการ บริษัทที่ต้นทุนอยู่ที่ Material รีบทบทวน จะหาสิ่งที่ทดแทนกัน Those 4 elements (4M) are as follows. 1. Man: The operators involved in the production of products at the work site. 2. Machine: The equipment such as machinery related to product production. 3. Method: The methodology applied in order to produce products. 4. Material: The materials and processed goods used in the products. .

4m man machine material method