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Relationship of production function with other functional area of production management?
Gautamprabhu
The production function in management needs the keen division of labor and monitoring of inputs. Production relates to other functions which include design, process management, storage and transportation.
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Is the relationship between input n output is known as production function?
yes
What is a hidden production function?
In the field of economics, a production function is a calculation that explains the relationship between what it costs to produce goods and the actual quantity of goods you were able to produce. An example of a "hidden" production function would be money transfers at banks.
Describe the production function with one variable input and explain the relationship between TPMP and AP curves and the three stages of production?
there are three stages of production mp>ap
What is production function with one variable input?
The production function for a firm is the relationship between the quantities of inputs per time period and the maximum output that can be produced. It can be calculated for one or more than one variable factors of production. The one variable factor of production function corresponds to the short-run during which at least one factor of production is fixed .
What is the production function and types of production function?
production function is relation between firm's production and material factors of production
Define production function?
Production function refers to the functional relationship between (physical) input and (physical) output
Difference between a functional area and a management function?
I think that functional area is a place where people works and a management function is a people who manage...
What is functional manager?
what is financial management function?
What is The relationship between production management and production operation management?
Production management is the planning,organisation,staffing,leading,control and coordinating of human and material resources for excution of the facility in a specific function to meet pre-determined objectives in the constraints of time cost and quality
What is the Cobb-Douglas function?
In economics, the Cobb-Douglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs, particularly physical capital and labor, and the amount of output that can be produced by those inputs.
What is the function of farm management?
administration,production
What are the different functions of production and operation management POM within the business organization?
production and operation management function
Explain the functional approaches to manpower management?
The functional approaches are those that identify what aspects of specific management function for specific jobs. When one considers the word function, they are considering what the functions of a specific position should be. This is in line for establishing a sense of organization.
What production function explain relationship between?
output and exports
How you identify function based from graphs and equation?
An equation is the same as a function. Identifying a functional relationship from a graph is nearly impossible unless it is trivially simple like a linear relationship.
What does no correlation mean in a function?
It means that there is no linear relationship between the argument of the function, x, and the functional value, f(x) or y.
What is the definition of functional?
function is the relationship between independent variable & dependent variable i.e. F:R-R
