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A manufacturing concern produce goods to sell to merchandising firms. On the other hand, a merchandising concern, derives its revenue through the provisioning of products provided or manufactured by others.
Secondary manufacturing refers to further processing of products that have already undergone some manufacturing. E.g. processing wood past its primary stage (e.g., lumber). Primary manufacturing is thus manufacturing of raw materials or materials in their near-natural state (e.g., iron ore, wood logs, ...)
Dear concern Industry experience includes the experience in Engineering,production or manufacturing.
Primary Manufacturing is taking raw materials (from Primary Industry) and using them to make industrial materials. Then, these would go under another process called Secondary Manufacturing that uses these products and turn them into finished goods.Ex: trees > wood > lumber > chair
Manufacturing takes raw materials and creates goods from them. Processing is taking existing items or materials and making them ready for further use or sale. Minerals and food are processed, not manufactured.
A manufacturing concern produce goods to sell to merchandising firms. On the other hand, a merchandising concern, derives its revenue through the provisioning of products provided or manufactured by others.
for a manufacturing concern it will be a manufacturing account and for a non manufacturing concern it will be a trading account or a profit and loss account or income and expenditure account.
Plywood manufacturing spent $2.0 billion on materials in 2000
suggest the names of the departments that may facilitate the activities of a large cell phone manufacturing concern. consolidate your suggestion by giving reasons.
Some companies do recycle products. However a manufacturing company's first concern is to make a profit, so it will acquire its raw materials from the cheapest source. With materials still being plentiful, companies are often in the position that they have to use virgin materials as they are cheaper.
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Business organizations are primarily engaged into manufacturing or providing services. They are actively engaged in operations, finance and investment. These are the basis for any successful foundation of the business.
Serope Kalpakjian has written: 'Manufacturing processes for engineering materials' -- subject(s): Manufacturing processes, Materials
Manufacturing Cost: There are three major component of manufacturing cost.Such as : DIRECT Material: those material s that become an integral part of the product and that can be conveniently traced directly to it. Direct Labor:- those labor costs that can be easily traced to individual units of product. Manufacturing Overhead: Manufacturing costs that can not be traced directly to specific unit product.Example indirect materials,indirect labor. Indirect Labor: Wages paid to employees who are not directly involved in production:work. Example:-maintenance worker janitors and security grads. Indirect Materials: Materials used to support the production process. Example:- Lubricants and clearing supplies used in the automobile assembly plant.
to manufacturing goods
Canvas and Polyester Manufacturing
A company that receives raw materials, then processes these materials in a manufacturing process that produces a finished product. Picture an automobile assembly line.