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The seasonal level of production refers to the variation in output that occurs at different times of the year due to seasonal demand fluctuations. Businesses often adjust their production schedules to align with peak seasons, such as increased manufacturing for holiday sales or agricultural harvest cycles. This strategy helps optimize resource utilization and meet consumer demand effectively. Understanding seasonal production levels allows companies to manage inventory, labor, and operational costs more efficiently.
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What is export level of production?
Export level production is the production of goods and services for the sole purpose of exporting
What is minimum efficient level of production in economics?
the level of production at which a good is produced at the lowest possible opportunity cost.
Distinguish between in-process inventory and safety stock inventory and seasonal inventory?
Inventory need for the ongoing process and kept at a level that production will not be affected. Inventory kept for emergencies, or as a buffer for a sudden a surge in demand. Inventory that is only needed for one season, after which it is sold off or stored off-site.
What is the difference between seasonal unemployment and structural unemployment?
Seasonal unemployment exactly what it says.In other words the umemployment is seasonal. Disguised unemployment does not mean totally unemployed.It means employment but,in this employment more people are employed in a job in which less people are required
How much does Levi make of jeans each day?
Levi Strauss & Co. produces approximately 30 million pairs of jeans each year, which translates to about 82,000 pairs per day. The exact number can vary based on demand, production capacity, and seasonal trends. This production level reflects Levi's status as one of the leading denim brands globally.
What is export level of production?
Export level production is the production of goods and services for the sole purpose of exporting
What is anticipate?
Components, material, or goods kept at hand to meet seasonal fluctuations in demand or to meet the shortfall caused by erratic production. Also called anticipation inventory, build stock, seasonal inventory, or seasonal stock.
What is anticipation inventory?
Components, material, or goods kept at hand to meet seasonal fluctuations in demand or to meet the shortfall caused by erratic production. Also called anticipation inventory, build stock, seasonal inventory, or seasonal stock.
What is the significance of working capital management to match sales and production?
If sales and production can be matched, the level of inventory and the amount of current assets needed can be kept to a minimum; therefore, lower financing costs will be incurred. Matching sales and production has the advantage of maintaining smaller amounts of current assets than level production, and therefore less financing costs are incurred. However, if sales are seasonal or cyclical, workers will be laid off in a declining sales climate and machinery (capital assets) will be idle. Here lies the tradeoff between level and seasonal production: Full utilization of capital assets with skilled workers and more financing of current assets versus unused capacity, training and retraining workers, with lower financing for current assets.
What is minimum efficient level of production in economics?
the level of production at which a good is produced at the lowest possible opportunity cost.
Variable costs per unit will increase as production decreases.?
Variable cost per unit remains same with level of production and no change in change in level of production.
Distinguish between in-process inventory and safety stock inventory and seasonal inventory?
Inventory need for the ongoing process and kept at a level that production will not be affected. Inventory kept for emergencies, or as a buffer for a sudden a surge in demand. Inventory that is only needed for one season, after which it is sold off or stored off-site.
6 What are the advantage and disadvantage of level production schedules in firms with cyclical sales?
The advantage of the level production schedule in firms with cyclical sales is resources and labor are spread evenly. The disadvantage of the level production schedule is that it is a costly exercise.
What is the difference between seasonal unemployment and structural unemployment?
Seasonal unemployment exactly what it says.In other words the umemployment is seasonal. Disguised unemployment does not mean totally unemployed.It means employment but,in this employment more people are employed in a job in which less people are required
How does temperature affect production?
hoe does CT2 level affect oxogen production
What is the difference between production level and facility level?
Production level refers to the amount of output that needs to be produced to keep up with a certain standard. The standard may be determined according to survival level or may also be pegged at a level that would exceed survival requirements. Facility level is the volume of facilities and physical infrastructure required to produce the identified production level.
In which phase of the cell cycle is protein production at its highest level?
Protein production is at its highest level during the S phase of the cell cycle.
