0
The relationship between production and cost in any manufacturing process varies based on volume produced and whether any part of the manufacturing process is outsourced or performed by subcontractors. Additionally, production and cost ratios vary based on the amount of automation involved in production and the amount of human oversight and involvement required.
Wiki User
∙ 10y ago
Wiki User
∙ 11y agoit means organization produce the product &
Add your answer:
Earn +20 pts
What is the relationship between production possibility frontier and opportunity cost?
An opportunity cost is the alternative choices that can be made with the allocation of scarce resources. A production possibility frontier is a graph illustrating those opportunities and comparing their results.
What is meant by realize experience curve?
An experience curve is a graph that shows the relationship between cumulative production quantity and the production cost. It takes into account both variable and fixed costs.
Relationship between fixed cost and variable cost?
There is a huge relationship between fixed cost and variable cost. These two costs are the opposite of each other.
What does the theory of production deal with?
The theory of production deals with the relationship between the factors of production and the output of goods and services
What did Ford production of model T'S demonstrated the economic relationship between specialization and?
greater efficiencies in production.
What is the explanation for the relationship between production and consumption?
between consumption production
Relationship between purchasing department and production department?
Describe the relationship between the purchasing and production of a manufacturing company
Has shown that manufacturing costs often fall as the number of units produced by an organization increases This relationship between cost and production is called?
It is called the "production concept".
What is the relationship between production possibility frontier and opportunity cost?
An opportunity cost is the alternative choices that can be made with the allocation of scarce resources. A production possibility frontier is a graph illustrating those opportunities and comparing their results.
What is meant by realize experience curve?
An experience curve is a graph that shows the relationship between cumulative production quantity and the production cost. It takes into account both variable and fixed costs.
What is the relationship between testosterone and sperm production?
The relationship is that testosterone produces sperm
Relationship between fixed cost and variable cost?
There is a huge relationship between fixed cost and variable cost. These two costs are the opposite of each other.
What determines the difference between a variable and a fixed cost?
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
What is the relationship between production department and marketing department in a typical business organisation?
the relationship between production and marketing is to provide serves and to get profit to run the business organisation effecively
What does the theory of production deal with?
The theory of production deals with the relationship between the factors of production and the output of goods and services
What is the relationship between change management and company performance?
Production
What production function explain relationship between?
output and exports
