An assembly line is used to build cars.
An assembly line is used to build cars.
A production decision involves determining how to allocate resources to create goods or services efficiently. An example would be a manufacturing company deciding to invest in new machinery to increase output and reduce labor costs. This decision reflects choices about technology, resource allocation, and production processes to meet demand.
The Production Budget for Executive Decision was $55,000,000.
The Production Budget for The Valley of Decision was $2,160,000.
A production manager should make appropriate cutbacks prior to the onset of a recession.
Science can be used to predict the effects of the dam on wildlife.
Examples of strategic decisions might be to focus efforts on a new product or to increase production output.
Fixed cost become relevent cost when a particular decision affects the fixed cost of production. For Example: Before Decision fixed cost $100 After Decision Fixed Cost $120 so in this case fixed cost also becomes relevent for decision making.
This is the decision made when a multi-production company stops the production of a product that shows loss. The decision helps accountants to control investment on unproductive ventures.
being a rational decision maker
choosing classes--- Apex
examples of tactical decision-making