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What are the characteristics of production function?
The following are the features of the production function:1. It involves transformation of raw materials into finished product.2. The place where production takes place is known as a factory.3. Production is undertaken in various departments, such as production and service departmentof a factory.4. Production may involve more than one process or operation.5. It can be undertaken either manually or mechanically.6. It is based on technology which may be either indigenous or imported.7. Production is undertaken on large scale basis in recent times.8. Production process involves combination of resources, such as materials, men, money,machinery, management.9. Production process leads to uniformity of finished goods.10. In modern times, production process is highly specialised.BY LM HARI KUMAAR - ALGAPPA UNIVERSITY.
Ppt of any product and its production process?
ppt of what is product
Under what conditions does a nation have an absolute advantage in the production of a product?
When a nation can use fewer resources to produce the same amount of a product, it has an absolute advantage in the production of that product.
What are four non-farm production activities that can be undertaken in rural areas?
diary farming ,small scale manufacturing , shop keeping and transportation
What is the nature of production management?
The nature of production management is to drive the development of the product for the company and business. The product managers are in charge of making sure the product is performing, developing, and growing for the company.
How is unique production undertaken?
it was undertaken when someone ask for a made to order materials.
How does craft production differ from mas production?
craft production was made for famlies or for personal needs mas production was for many people. Craft production is the creation of a product individually rather than by machinery. While the product might be cheaper when machine made, the variations of the craftsman makes a one of a kind product that is unique. The value of the hand crafted product is frequently more desirable because of it's attention to detail. Such is the case of antiques, they are highly prized because of the attention and unique details inherent in the design.
What are the advantages to outsourcing manufacturing?
For many companies the answer to this question begins with a simple question. Are you a product company or a production company? A product company has a unique, unique product that its customers need or want to buy. A product with a design or feature characteristics that often makes it different from other similar products. In many cases a large portion of the company's budget went into product development. When the product is ready for production a new set of dynamics introduces the image. How do you duplicate a product at a volume cost effectively with good quality? Dedicated work on production like JDHL is focused on production. Where it can take your R&D team practice to design a product, perhaps based on decades of its engineering experience, similarly our production team has similar experience in production, quantity engineering and quality assurance. Therefore, a company can improve its success by focusing its dollars on product R&D by saving significant money on production costs. Preparation for production, purchase of automatic production, testing equipment can be as costly as product development.
What are advantages and disadvantages of one off production?
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.
What are the characteristics of production function?
The following are the features of the production function:1. It involves transformation of raw materials into finished product.2. The place where production takes place is known as a factory.3. Production is undertaken in various departments, such as production and service departmentof a factory.4. Production may involve more than one process or operation.5. It can be undertaken either manually or mechanically.6. It is based on technology which may be either indigenous or imported.7. Production is undertaken on large scale basis in recent times.8. Production process involves combination of resources, such as materials, men, money,machinery, management.9. Production process leads to uniformity of finished goods.10. In modern times, production process is highly specialised.BY LM HARI KUMAAR - ALGAPPA UNIVERSITY.
What is one off production?
One off production is when a craftsman creates a single unique product from a specified design. It is often labour intensive and very expensive. However the product produced would be the only one in the world and finished to a high standard.
What is the definition of custom production?
In an expression like this, "custom" usually means "made to the order of one customer", or "made to a one-of-a-kind (what we used to call unique) pattern."Custom production is making a unique product to specific specifications, usually by a craftsman, artisan, or tailor to meet a specific style, size, or color.
Contrast product and production concept?
There are a few different contrasts between product and production concept. Production concept is the general idea of how something will be done and product is what is actually produced.
What is a product in production?
A product is the end result of production. Production is making something or putting something together. Like 7+4=11. :)
A sentence with the words product and production in the same sentence?
Production of our new product will begin next week.
What is the base of production?
product
What are the three levels of production?
Core customer value actual product augmented product
