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Pure strategies use only one variable to absorb demand fluctuations. Mixed strategies involve two or more pure strategies.

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Why do you need production planning?

Production planning is important because it helps manufacturers create efficient processes to meet customer and organizational needs. It can help with: Customer satisfaction Production planning can help manufacturers consistently meet customer expectations, which can lead to stronger customer relationships and a competitive advantage. On-time delivery Production planning can help reduce lead times, which is the time between when an order is placed and when it's delivered. Cost savings Production planning can help manufacturers efficiently use resources to save money. Smooth operations Production planning can help manufacturers respond quickly to disruptions, such as equipment breakdowns or stock shortages, to minimize downtime. Continuous improvement Production planning can help manufacturers monitor production performance, analyze data, and evaluate schedules to identify areas for improvement. Production planning involves determining production requirements, such as the materials, machines, people, and space needed to make a product. It also involves forecasting demand to optimize resources and streamline production schedules. FOR MORE INFORMATION GO THROUGH OUR WEBSITE : SPEAKSAGA WE ARE PROVIDING INTERNSHIP FOR FRESHERS AND STUDENTS WE ARE PROVIDING SKILLS FOR GROWTH THROUGH A INTERNSHIP NO NEED TO PAY ANY AMOUNT FOR INTERNSHIP


How can businesses ensure effective alignment between their business goals and IT strategies?

Businesses can ensure effective alignment between their business goals and IT strategies by clearly defining their objectives, communicating them across all levels of the organization, involving IT professionals in strategic planning, regularly reviewing and updating IT strategies to align with changing business needs, and measuring the impact of IT initiatives on achieving business goals.


What is difference between planning and organizing?

Differentiate between planning and organizing


What is The relationship between production management and production operation management?

Production management is the planning,organisation,staffing,leading,control and coordinating of human and material resources for excution of the facility in a specific function to meet pre-determined objectives in the constraints of time cost and quality


What is the relationship between planning and strategy?

planning strateging

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Distinguish between production and operation management?

Production management is an organized function within a business that deals with planning, forecasting and production or marketing of a product at all stages of its lifestyle. Operation management is concerned with overseeing, designing and controlling production and business operations during the production of goods or services.


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Difference between corporate planning and strategic planning?

Strategic planning is also known as business planning. This is the plan that the corporation comes up with, and the goals they would like to meet. Corporate planning refers to the strategies that will be followed by employees to help meet the corporation's goals.


Distinguish between accounting and book keeping?

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What is Distinguish Between Accounting Convention And Aoncept?

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Critically examine the optimum theory of Population How does it differ from Marthus theory of Population?

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What is the difference between economic systems and economic activities?

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Difference between line and staff function?

The primary difference between line function and staff function is accountability. Line functions are typically used for sales and production, while staff functions are used in production planning and marketing.


Problems of production management?

Good production management is required for smooth functioning of the business. There are many control and planning issues that have to be faced. Proper supervision of their workforce is required. Inventory management and production planning play a crucial role in the functioning of the business.


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Distinguish between analysis of variance and analysis of covariance?

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