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When did governments first begin to nationalize industries to maximize production and efficiency?
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Define optimal efficiency How is optimal efficiency achieved in production?
Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it has at the lowest cost possible. It is achieved in production by taking all of the production's waste product and dividing the waste product by the overhead costs. A sum of zero is the optimal efficiency.
Importance of mobility of factors of production?
emphasise on efficiency of production in a firm
How did the factors of production help European governments to establish industry?
How did the factors of production help european governments to establish industry?
What decisions affect production efficiency?
All four of the decisions must be made: What goods will be produced?How will production occur?How much should be produced?Who will be the recipients?All are decisions that influence production efficiency.
What does efficiency of mass production mean in economic terminology?
what dose mass production mean
Many industries of the 1920s improved the efficiency of production by adopting what?
Mass production methods that lowered their cost.
War Industries Board?
Encouraged companies to use mass production techniques to increase efficiency
What is efficiency level?
Trophic level efficiency is the ratio of production of one trophic level to the production of the next lower trophic level. This efficiency is never high.
Define optimal efficiency How is optimal efficiency achieved in production?
Optimal efficiency is a term used to describe the condition when a production is producing the best it can with what it has at the lowest cost possible. It is achieved in production by taking all of the production's waste product and dividing the waste product by the overhead costs. A sum of zero is the optimal efficiency.
Importance of mobility of factors of production?
emphasise on efficiency of production in a firm
How did the factors of production help European governments to establish industry?
How did the factors of production help european governments to establish industry?
Which industries can production supervisor jobs be commonly found in?
The industries that commonly have production supervisor jobs are mainly manufacturing industries. Some of the examples are Industrial Steel Fabrication/Welding and Technicians.
What decisions affect production efficiency?
All four of the decisions must be made: What goods will be produced?How will production occur?How much should be produced?Who will be the recipients?All are decisions that influence production efficiency.
What changes did American businesses make at the start of war?
It depends on the war. During the Civil War, the North had an industrial boom. At the beginning of WWI, the U.S. (more specifically the car company Ford) introduced the assembly line to the industries, which sped up production efficiency.
What three types of primary industries are involved in the production of a pair of skates?
What three types of manufacturing industries are involved in the production of a pair of skates
What does efficiency of mass production mean in economic terminology?
what dose mass production mean
What is the role of production?
There are many roles of production designers around the world. These production designers are responsible for efficiency of their products.
