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Q: How production is a value addition process?
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What is value chain analysis in management accounting?

Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.


Is commerce part of the production process or a separate process?

For some, commerce may be seen as part of the production process as it involves the exchange of goods and services and the creation of value. Others may view commerce as a separate process that is distinct from production, as it typically involves the exchange of goods and services that have already been produced.


What are the components of agribusiness?

production of primary agricultural raw materials, sorting/grading,value addition and processing, quality management, marketing


What is joint product?

This is a product that has the highest sales value from amongst a group of products that are the result of a joint production process.


What has the author Mark A Nash written?

Mark A. Nash has written: 'Mapping the total value stream' -- subject(s): Production engineering, Production management, Process control


What is the reverse process of vectors addition?

reverse process of vector addition is vector resolution.


What does production process?

production process means the art because it is in dt


Who developed the principles of lean production?

Lean production is a production process developed by the Japanese manufacturing industry, in particular Toyota. The core concept of the idea is to preserve value with less work I.e less wastage.


What is the difference between value and value addition?

One says value and the other has addition on the end.


What is intermittent production?

A intermittent production process a production process in which the production run is short and machines are changed frequently to make different products.


Are solid gold pennies real?

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.


Is commerce a part of production or a separate process?

commerce is a businness but production is a process to create something like product