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The ideal ratio of direct to indirect manpower varies significantly across industries. In manufacturing, a common ratio might be 70:30, with more emphasis on direct labor due to production needs. Conversely, in sectors like IT or consulting, the ratio could be closer to 50:50, as indirect roles such as management and support are crucial for project success. Ultimately, the optimal balance depends on the specific operational demands and business model of each sector.

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What is the meaning of medium scale industries?

The meaning of medium scale industries is industries that are in-between large scale and small scale industries. These are average industries that have a higher production capacity that small scale industries but lower than large scale industries.


Where are circlip pliers used?

They are used fro installing or removing circlips . Circlips or snap rings are used to hold bearings in housings or on shafts. There are interior and exterior rings, and so there are internal and external circlip pliers, as well as sets which can switch between both applications. Circlips are found in most places where bearings are used for parts which will turn, pivot or spin, and so circlip pliers are used in many places and for many different industries.


What is the difference between production direct and indirect production?

Direct cost are directly linked to the product : materials (cost of raw materials + transfert+associated taxes, ingredients+transport+associated taxes, packaging+transport+associated taxes) and labour (summation of number of hours of work really needed to make a task in the process) + direct expenses (goods purchased for a particular product).Indirect cost for production are splitted into variable and fix.variable production overhead cost are a calculation of a cost per unit you need to product (energy, goods) : energy/unit in $, amortization/unit, ...fix production overhead is tax, rent of the plant, number of hour non used for production, management salaries (for the plant), ...


What is the difference between product line and product industries?

A product line is a trademark of a product, whereas a product industry is a franchise that distributes or creates the products. Example, the HP Pavilion is a product line, but HP is the Hewlett-Packard industry, and they create the HP Pavilion product line.


Difference between contract manufacturing versus toll manufacturing?

These are two terms describing the same thing in practical terms. While anecdotal, some industries prefer the use of one over the other, such as toll manufacturing being more common in the food and beverage manufacturing industry.

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