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What is a direct benefit of the use of assembly lines in production?
Wasted motion is eliminated
What is direct and indirect production in economics?
Oh, dude, direct production in economics is when goods and services are produced for immediate consumption, like making a sandwich to eat. Indirect production is when goods are produced to be used in the production of other goods, like growing wheat to make flour for the bread in that sandwich. It's all about that chain of production, man.
What is cutting out the middle man in economics?
Direct sale
What is the relationship between economics and physical science?
There is a direct relationship between economics and physical science. As a matter of fact, economics is defined as physical science which uses various computations to analyze trends in the market.
Is one who acquires goods or services for direct use or ownership rather than for resale or use in production or manufacturing?
Yes, an individual who acquires goods or services for direct use or ownership rather than for resale or use in production is typically referred to as a consumer. Consumers purchase items for personal use, enjoyment, or consumption, distinguishing them from businesses or wholesalers that buy goods for resale or manufacturing purposes. This distinction is fundamental in economics and marketing, as it influences consumer behavior and purchasing decisions.
What is a direct benefit of the use of assembly lines in production?
Wasted motion is eliminated
What is a direct benefit of use of a assembly line in production?
Wasted motion is eliminated
What Direct benefit of the use of the assembly lines in production?
Wasted motion is eliminated
What is a direct benefit of the use of assembly line in production?
Wasted motion is eliminated
What is a direct benefit of the use of assembly lines in productions?
Wasted motion is eliminated
What is direct and indirect production in economics?
Oh, dude, direct production in economics is when goods and services are produced for immediate consumption, like making a sandwich to eat. Indirect production is when goods are produced to be used in the production of other goods, like growing wheat to make flour for the bread in that sandwich. It's all about that chain of production, man.
What has the author Alex Hills written?
Alex Hill has written: 'Essential operations management' -- subject(s): BUSINESS & ECONOMICS / Production & Operations Management, Industrial management, BUSINESS & ECONOMICS / Industries / Manufacturing Industries, Production management, BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Operations Research
What are the advantages of direct production?
i dont known
What is cutting out the middle man in economics?
Direct sale
What are direct materials give examples?
Direct materials are raw materials or components that are directly used in the production of a product. Examples include wood for furniture manufacturing, fabric for clothing production, and steel for automobile assembly.
Is a factory foreman included in direct labor?
A factory foreman is typically not classified as direct labor. Direct labor refers to the workers directly involved in the production of goods, such as assembly line workers or machine operators. Instead, a foreman is usually considered part of indirect labor, as their role focuses on supervising and coordinating the workforce rather than directly contributing to the physical production process.
Difference between direct cost and direct costing?
Direct cost is that cost which is directly identifiable with production volume while direct costing is the method or process through which direct cost is allocated to production.
