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Flexible manufacturing systems can be used for medium production batches,
Positioning the production system in manufacturing means selecting the type of product design, type of production processing system and the type of finished goods inventory policy for each major product line in the business plan.
Made to Assemble is a type of manufacturing production. Made to Assemble manufacturing creates goods that reach the consumer in many separate pieces that they must assemble.
It means that there is mass production of some type of object.
Production Qualification Testing (PQT).
There are many types of outlines in the business of manufacturing. The main ones include marketing, production, income, and the success of plan.
Production, planning and control is a very important in the manufacturing firms. They help in the analysis and help determine the quality of a given type of product.
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
Flexible budget reports are another type of internal report. The flexible budget report consists of two sections: (1) production data for a selected activity index, such as direct labor hours, and (2) cost data for variable and fixed costs. The report provides a basis for evaluating a manager's performance in two areas: production control and cost control. Flexible budget reports are widely used in production and service departments.
large scale industries are type of industries in which very large amount of production & manufacturing can be done....
Individuals are free to won and control the factors of production
Capitalist: wages system, production for sale, class ownership of the means of production.