0
What else can I help you with?
Contrast product and production concept?
There are a few different contrasts between product and production concept. Production concept is the general idea of how something will be done and product is what is actually produced.
Production management entails creation of wealth Discuss?
The production management entails the creation of wealth. This is because in the manufacturing operations, the production management includes the responsibility for the product and the process design. It also deals with the supervision and organization of the workforce.
What are the production process of hsbc bank?
HSBC Bank's production process primarily revolves around its financial services, which include retail banking, commercial banking, investment banking, and wealth management. The process typically starts with customer engagement, where needs are assessed, followed by the development and offering of tailored financial products. This is supported by compliance with regulatory requirements, risk management, and the use of technology for transaction processing and customer service. Continuous monitoring and feedback mechanisms are also in place to enhance service delivery and product offerings.
What is profitable job batch or continuous production?
Depends on the product. Both can be profitable. If volume is high and the product is standard, than, the continuous production is a better fit. If the product need flexibility and less volume, the batch production is more suitable.
What are five factors of production?
Many factor tie into production but five factors of production are: product, capabilities, volume, safety, and sales.
What are the product-flow characteristics?
Product-flow characteristics refer to how products move through a system or process. This includes factors such as speed of movement, volume of products processed, handling requirements, storage needs, and potential bottlenecks. Understanding these characteristics can help companies optimize their operations for efficiency and cost-effectiveness.
What is a production process?
A production process, is any one of the steps involved, in the conversion of a raw material, into a finished product
What is the physical arrangement of resources in the production process?
The physical arrangement of resources in the production process is known as the layout. This includes the spatial organization of equipment, machinery, and workstations to optimize workflow efficiency, minimize bottlenecks, and enhance productivity. Different types of layouts, such as process layout, product layout, and cellular layout, can be employed based on the specific requirements of the production process.
What is the primary product in primary production?
it refers to raw meterials we used in production process
What is value chain analysis in management accounting?
Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.
What is product process mix?
one of the components of marketing mix is product process mix,which helps the manufactures in understanding how and why they should change their production process.
Which is more important process or product in software engineering?
i think both is important because if process is wrong than product is automatically wrong.if we don't know requirements of product than process is correct but product is wrong
What is the Definition of manufacturing in mechanical engineering?
Designing the production process for a product
What is consumer production?
Consumer production is the creating of something to be consumed by someone. It is a process in which the product is being created.
What is joint product?
This is a product that has the highest sales value from amongst a group of products that are the result of a joint production process.
Why you say software is a product?
Apparently software production management is the process of managing software that is built and implemented as a product.
What role do intermediate goods play in the production process of a final product?
Intermediate goods are materials or components used in the production of a final product. They are essential in the manufacturing process as they are transformed or combined to create the end product. Without intermediate goods, the final product cannot be produced efficiently or effectively.
