Want this question answered?
yes, production is a stock concept and income is a flow concept.
Depending on the flow characteristics, there are four classes of the production system. 1.Mass production or flow line production system. 2.Batch production system. 3.Job shop. 4.Projects
Advantage And Disadvantage Of Small Scale Production
True
truetrue
Quick!....since its a continuous movement of items through the production process.
advantages of small scale production
i dont known
A Counter-current flow has more advantages as comapared to a co-current flow.
yes, production is a stock concept and income is a flow concept.
* * * * *
* * * * *
importance of product flow
disadvantages of Production Structures
Flow production
Mass production for companies: such as chipsets, lcd panels, spare parts Flow production for end users: such as mobile phones, tv's.
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.