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Will the location decision have an impact on the production system?
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What economic system in which decision on production and consumption of goods and services are based on voluntary exchange in market?
The Market
What are the types of daily production system?
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
Characteristics of a command system?
In a command system, economic decisions are planned by a strong, central government. Businesses within this system follow guidelines and have no decision making privileges of their own. Production and hiring targets are followed as opposed to adhering to supply and demand.
What are the factors of production in an economic system?
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
Which economic system does the United States have?
The US has a mixed-market economic system.
In what ways can the location decision have an impact on the production system?
The location decision can have an impact on the production system due to the availability of resources and transportation. When supplies are close, production costs will be lower. In this case, the company can use a Just In Time production system to help reduce warehouse costs.
What economic system in which decision on production and consumption of goods and services are based on voluntary exchange in market?
The Market
What is system of production?
what is production system
The primary functions of operation management is to guide by the decision making in system design and system operation?
nTQM n nSite Location & Layout n nInventory Management
What is the difference between a decision aid and a support system?
Decision aid system is for decision making. A support system is a helpdesk.
What is continuous production system?
continuous production system
Explain the concept of computer report in Management Information System of production unit of an organisation.?
There are several computer application in management information system. These are application systems that aids the management in decision making. Example of which are: business intelligence system,...
What if solar cars were not invented?
There are no viable solar cars in production today. So even though they have been invented, it has had no impact whatsoever on our transportation system.
What has the author David Brian Kelly written?
David Brian Kelly has written: 'The design, production and evaluation of a decision support system applied to Public Library Management'
What is production system in catering?
in catering the production system is the process of cooking.
What are the types of daily production system?
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
What describes the economic system of socialism?
Production carried out directly for use, social ownership of large-scale industries, and collective decision-making within enterprises. It is contrasted with capitalism, which is based on: Production carried out for private profit, private ownership of large-scale industries, and hierarchical decision-making within enterprises.
