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The choice of production methods is influenced by several factors, including the type of product being manufactured, cost considerations, technology availability, and market demand. Additionally, the scale of production, labor availability, and environmental impact also play significant roles. Companies may also consider their target audience and competitive landscape when deciding on a production method. Ultimately, the goal is to balance efficiency, quality, and profitability.
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What factors influence the types of production a business should use?
the factors that influence the types of production a business should use are:-the size of the market,the type of production demanded,technological aspects of the product that is demanded andis it able to be produced by using the flow production method.
What are the factors that a business must consider choosing a method of transporting goods?
When choosing a method of transporting goods, a business must consider factors such as cost, speed, and reliability. The nature of the goods, including fragility and perishability, also plays a crucial role in determining the appropriate transport method. Additionally, the distance to the destination, available infrastructure, and regulatory requirements can influence the decision. Finally, environmental impact and sustainability considerations are increasingly important in modern logistics planning.
Why is economics sometimes called the science of choice?
its because of lionel robbins definition of economics its called a science of choice. understanding the fact-resources are scarce and demand for goods is unlimited. for resource allocation we need to choose, for the method of production we need to choose, for distribution of finished goods we need to choose, thus right from the start economics is a science that helps us to make the more practical choice.
What is lactulose source or method of production?
lactulose is manufactured by enzymatic isomerization of lactose.
How do you increase crop production on the same piece of land?
there are two different ways -multiple cropping method and modern farming method
What factors influence the types of production a business should use?
the factors that influence the types of production a business should use are:-the size of the market,the type of production demanded,technological aspects of the product that is demanded andis it able to be produced by using the flow production method.
What models are factors of production used to construct?
models purporting to explain growth, value, choice of production method, income distribution, and social classes.
What are the factors that determine the teachers choice of method?
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What factors must be considered before a scientists method can be mass-produced by an auto maker?
environmental impact, energy production costs, AND benefits of the new production method
When it comes to drivng under the influence the best method of making choices is to?
Driving under influence of alcohol is not acceptable. This can lead to accident. The best choice is to stop and call for help.
What are the factors that determine the teacher's choice of method?
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What is the best method for making choices When it comes to driving under the influence?
If you have been drinking, don't drive. Easiest choice ever.
What is the choice of feed method determined by?
The choice of feed method is determined by factors such as the type of animal being fed, the nutritional requirements of the animal, the feeding schedule, the availability of feed resources, and the management practices of the farm or facility. These factors help determine whether a specific feeding method, such as free-choice feeding or time-restricted feeding, is most appropriate for the animals.
How would a cost benefit analysis influence the choice of method to promote one product within your organisation?
With the help of cost-benefit analysis, an organization can decide what product will sell the most. This will also influence the advertising method used to promote a certain product.
Which research method is most suitable for studying factors that influence behavioral change over time?
A longitudinal study would be most suitable for studying factors that influence behavioral change over time. This research method involves collecting data from the same individuals at multiple points in time, allowing researchers to track changes in behavior over an extended period and assess the influence of various factors on those changes.
What factors should a company consider when selecting a cost flow method?
When selecting a cost flow method, a company should consider factors such as the nature of its inventory, the volatility of prices, and the impact on financial statements and tax obligations. Additionally, the method should align with the company's overall financial strategy and reporting requirements. Consistency in application and the ability to provide accurate cost data for decision-making are also crucial. Lastly, regulatory compliance and industry standards may dictate or influence the choice of method.
What is the method of production of powder?
Powder is typically produced by grinding or pulverizing solid materials into fine particles. This can be done through various methods such as milling, crushing, or atomization. The choice of production method depends on the desired particle size, properties of the material, and the intended application of the powder.
