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Any non-value adding process would increase the manufacturing cost. Therefore, it is very important to ensure that WIP is controlled in such a way that they go through the least or totally no waiting process, during the manufacturing process. Waiting process means a non-value adding process and it is a cost driver.
Value adding.
Structural Innovation is the process of adding upon technologies in a way for developed countries to benefit exponentially.
Process Adjustment is an activity in Quality Control where you as the project manager identify some problems in your teams project execution and make some adjustments to the way the project is being executed. This is usually done to bring things back into control like a schedule delay can be brought back into control by adding new resources or making people work a few extra hours. This would be an example of process adjustment. They are also called Recommended Corrective Actions
let us assume that we have a line with only one workstation. First, we will have to do all the jobs in that single workstation. That will make the job tedious for the workers. Secondly, how many items can that single workstation per cycle? the answer is just one. You can clearly see that by adding more stations and you can reduce the cycle time, how? take for example two workstations 50% of the job is done by workstation 1(ws1) and 50% is done by ws2. also, when ws1 is done with it's jobs it move the semi-finished item to ws2 while ws1 is getting new material to do the jobs on again. So, compare to a single ws, you produce twice as much in this case.
Technology plays a key role in the advancement of economy for a nation. With modern technology a nation is able to streamline its process, multiply its production, thus adding to the economy.
adding value to raw materials which are scarce in most efficient and effective way to satisfy the needs of the customer
Of pure gold itself is soft, but in the production process, usually by adding some hard things, mainly determined the value of gold content. Of pure gold itself is soft, but in the production process, usually by adding some hard things, mainly determined the value of gold content.
The process of changing or adding to the US Constitution.
The unit cost for direct materials is computed by adding the materials cost in the beginning work in process inventory to the materials cost for the month divided by the total equivalent production figure.Conversion cost per unit is computed by adding direct labor and factory overhead divided by the total equivalent production figure.
Adding thermal energy increase the evaporation.
as the data is organised into a database, retrieving data, adding new data and all other operations on the database are quicker & hence efficient
Enrichment
Adding a base
Adding more men and equipment.
by the process of crucification
Hydrolysis.