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What are the transforming and transformed inputs in the production of a pilchard?
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1 The process of transforming inputs into outputs is called?
production
How does production management differ from operations management?
operation management is the set of activites that creates goods and services by transforming inputs into outputs.
Classification of inputs in economics?
-these are inputs that do not change with the volume of production.This means, wheter you produce or not, these factors of production are unchanged. -these inputs change in accordance with the volume of production. NO production means NO variable inputs, while more production means more variable inputs. -sage- :P e-add: sage.ronquillo@yahoo.com
What is management and organization?
is the way the inputs within the organisation are successfully transformed into outputs.
Man is the most important factor of production. discuss?
Factors of production refers to the inputs of the production process.
What is a input economy?
An economy that speciallizes in the production of inputs
Firms purchase inputs for production from households in the .?
hahahaha
What is production concept?
Using different types of inputs to make an output is production. e.g. a firm production wheat. thus production refers to the transformation of inputs or resources into outputs of goods and securities ( education, medicine, banking, communication, transportation)
What is the technical core of an organization?
The technical core actually produces what the business or company is about, it is responsible for transforming the inputs into outputs . It is the production part of the organization where the manufacturing takes place. In the case of a school or university the teachers of the school would make up the technical core.
Production function relates to?
physical inputs to physical outputs
A production possibilities frontier is a simple model of?
inputs and outputs
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
