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What are the advantages of direct production to economy?
Quick!....since its a continuous movement of items through the production process.
One of the biggest advantages to managed web hosting is that it frees up time to dedicate to other tasks. Rather than spending time on the website, a business can use that time to increase customer base, provide services and increase production.
Operations managemeent is to direct, plan, and coordinate different activities of manaufacturing or service operations. As Production management involve planning, organizing,directing and coordinating various activities to produce final product or service; it is called operations management as well.
Production is the producing of a single item such as beef production is the production of beef. Production management is managing what is being produced and when it goes for market.
HOW TO GET PRODUCTION MONTH
advantages of small scale production
Definition from Financial Times Lexicon: When someone produces all the things they need using their own efforts and skills, without the advantages of specialization (concentrating on producing only one product) or the division of labour (using different people to do different jobs). Direct production is more an economic model than a real production method.
disadvantages of Production Structures
Direct cost is that cost which is directly identifiable with production volume while direct costing is the method or process through which direct cost is allocated to production.
The advantages of batch production is that it can reduce initial capital outlay. It can be useful for small businesses who cannot afford to run continuous production lines.
Direct labor which do not vary with level of production is fixed direct labor while labor vary with change in production is variable direct labor.
Advantages of production systems:-
Two advantages 1. Recognition of traditional chief 22
direct labor is direct cost attributable to production of goods.
The production budget needs to be exploded into budgets for direct material, direct labor, and manufacturing overhead.
production and non-production. non-production is classified under selling and administrative expenses production is classified as direct material, direct labor and manufacturing overhead
The advantages of job production include fulfillment of the customers demands, motivation for the employees, and possible jobs for new workers. A disadvantage of job lot production is the cost.