Production is the process of converting inputs into outputs through various operations. All the operations which demands consumption of resources together known as manufacturing. Both the terms are used interchangeably yet both are different axioms.
The difference is in the raw material.
In production, the raw material is not procured from outside, the company owns it and after processing and make the final product.
But in Manufacturing, the company procures the raw material from outside, and then makes the final product.
manufacturing is a process of converting raw material in to finished product by using various processes,machines and energy.it is a narrow term.
production is a process of converting inputs in to outputs.it is a broder term.
every type of manufacturing can be production, but every production is not a manufacturing.
exa- making of a turbine by various processes is manufacturing
assemble the various parts to make an engine is production not manufacturing.
Manufacturing isn't just when producing the product, it includes other stages such as design, sales, management and marketing
difference between production company and manufacturing company
Manufacturing engineering is the work done to determine the method of manufacturing and Production engineering is how to actually accomplish that method of manufacturing.
Manufacturing account, on the other hand, is a financial statement which shows production costs
Mass production is made by robots in a factory and it is not very expensive, Craft production is made by humans and it is more expensive
Describe the relationship between the purchasing and production of a manufacturing company
manufacturing process of steel plates difference between heat and product analysis ?
the factoring difference between the and you.
the difference between production management and operation management?
Manufacturing produces goods. Services provide services.
Group Technology is manufacturing philosophy which similar parts are identified and group together to take advantage of their similarities in design and production. But, Cellular Manufacturing is organizing the production equipment into machine cells, where each cell specializes in the production of a part family. On the other word, cellular manufacturing is an application of GT in which dissimilar machines or processes have been aggregated into cells, each of which dedicated to the production of a part, product family, or limited group of families. According to the GROOVER book "automation and production systems, and computer-integrated manufacturing"
Manufacturing is a specific branch of mechanical engineering that deals with manufacturing processes.
Pre-production is before production. Post-production is after production.
Manufacturing design. where the IP is owned by the Brand owner. Design For manufacturing. where the design is owned by the Manufacturer or ODM
speed, safety and look difference
Manufacturing is making something, hospitality is the action of making people welcome.
difference between services enterprise and merchandising enreprise and manufacturing enterprise
product is a durable and tangible goods
the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
The relationship between production and cost in any manufacturing process varies based on volume produced and whether any part of the manufacturing process is outsourced or performed by subcontractors. Additionally, production and cost ratios vary based on the amount of automation involved in production and the amount of human oversight and involvement required.
The banking has something to do with .... Money saving . But manufacturing is for money but has to separating money and making money
MANUFACTURING VS FABRICATION: single product is obtained by manufacturing and group of product which result is single obtained by fabrication.
The terms are sometimes interchangable, but not always. Manufacturing refers to the creating of a product, which may involve mixing of chemicals, fabrication of parts, assembly,etc. It is also correct to say you are producing that product. But if you are growing and harvesting a crop, or extracting oil or minerals, you are producing those products, not manufacturing them.
Operations research deals with the application of advanced analytical methods. Operations management involves managing and directing the processes of development, production, manufacturing.
that in production you sell and in consumption you buy:)
There is none.