1) Less waste
2) Increased customization of the product
3) Lower finished-product inventory costs
4) Better relationship with the customer
Fixed production offers several advantages, including consistency in output, which helps maintain product quality and meet customer demand reliably. It allows for better resource allocation and utilization, as production processes can be optimized for efficiency. Additionally, fixed production can lead to lower variable costs over time, as economies of scale are achieved through the continuous operation of machinery and labor. Finally, it can enhance forecasting and planning, as production schedules are predictable and stable.
advantages: Each product may be unique in shape, form and appearance. The product will be to the customers needs. Your unique design, no one else has it. disadavntages: It will take a quite a while to produce. The product will have a high cost.
Advantages: Easy to use Matches Cost to revenues (Matching Concept) Disadvantages: Depreciation can not be charged when the Asset is not in use.
Throughput accounting focuses on maximizing the throughput of a business by prioritizing the contribution margin generated by each unit of production. Its advantages include a clear emphasis on cash flow and profitability, enabling better decision-making about resource allocation. However, its disadvantages include potential oversimplification, as it may overlook other important factors such as inventory management and long-term strategic planning. Additionally, it can be challenging to implement in organizations with complex production processes.
What are the advantages of dealing with bank?
advantages of small scale production
i dont known
disadvantages of Production Structures
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.
Advantages of production systems:-
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.
ADVANTAGES OF PRODUCTION BUDGET:-The following are the advantages of production budget:* Plant and machinary can be utilised to a maximum extent* Labour hours can be utilised to a greater extent*It help to reduce production expenses as there is uniform production*It is enough to maintain minimum stock of goods*Purchase cost budget can be prepared*Production cost budget can be prepared
Advantage And Disadvantage Of Small Scale Production
The production is significantly increased.
leads to avariety of good
yes u can oneoff my friends got
Quick!....since its a continuous movement of items through the production process.