In production managements which the most important to reduce cost or increased production or both?

Number one in the production to reduce the cost and increase the production is the safety .. always make safety first because the production in the safe area decrease the cost and give the best production 

The main point for production management is to ncrease profits.

To reduce the amount of payment and accomplish profits, and by planning comes the increased production, and eventually we can produce more with least amount of price.

In production managements

• reduce the cost 
• Products quality
• increased production
• Production planing 
• If the materials used in the production good must be the products  good

In production managements the most important to reduce cost and increase production is maintenance of machines,good working environment with safety and skill operator.

If one has to consider and value the cost reduction in production management can be detailed as under

1. Quality Management has to be ensured but at the same time has to manage the cost of the same

in individual Validation of materials that integrate the unit as such.

2. Store management has to ensured and constant check has to be control through regular Audits

3. Engineering dept has to join hands on with the optional designs as per ISO standards which meet the requirement of the customer.

4. R&D dept has to contribute to the Mil standards for the products and ensure the same.

5. PPM i.e., planned and preventive maintenance has to ensured by the HOD's of the several depts on whole.

                             Hope you have got some idea as provided on ur request.

correct cutting plan of sheet / plate

good develop size of part 

production layout 

production system

good material procurment system

ETC.