it contributes towards society by creating employment opportunities to the member of that particular society
increases the standard of living of people by that purchasing power of the people increases there by economic development..
competitive advantage...
goal set for how much you expect to be produced
Production planning ensures that the business has the resources needed to carry out production. If the business doesn't have the resources it needs then the facilities will experience a stoppage.
production and operation management function
Its purpose is to minimise production time and costs, efficiently organise the use of resources and maximise efficiency in the workplace.
the reasons of studying management manufacturing
mans a don doe
Importance of using ict in buisness is that improves the buisness complexity and function as well as reduce work production and lastly help organize a buisness.
production function is relation between firm's production and material factors of production
if at-least one factor of production is constant, production function is infact short-run production function
what is mcdonalds production function
Importance of production possibility curve in allocation resources
s shift in production function
No, importance and function are not the same. Importance refers to the significance or value of something, while function refers to the purpose or role that something serves. A function describes what an object does, while importance describes how valuable it is.
what is the importance of purchasing
importance of product flow
In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.
In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.