How cash flow is different from accounting profit?
cash flow prepare on cash basis means cash flow show cash paid and received during the year . it does not matter that , that cash relate to which year . but profit and loss Account prepair on accrual basis in which all income and expenditur related to current year shown wether recived/paid or not. Name : sudhir id: 8sudhirkumar@in.com
What is the relationship between purchasing department and marketing department?
The current development of the purchasing function shows remarkable similarities
to the development of the marketing concept. The product/production orientation,
that dominated management practice for many years, can be compared to
traditional purchase's focus on product and price. The subsequent sales
orientation emphasizes the efforts of sales representatives to get customers to
buy their products. This is very similar to the purchasing department that directs
its efforts at identifying suitable suppliers that can deliver the desired products at
the right time. Only when the whole organization is focused on serving the
customer optimally (integrated effort), it employs the marketing concept.
Why is stainless steel so expensive than steel?
Stainless steels are produced in carefully controlled environments and have higher alloy contents-both of which bring up costs.
Difference between die casting and sand casting?
Sand Casting-is a cast part produced by forming a mold with the help of a model or pattern pressed into a sand mixture and then removed.
Die Casting- is the process of forcing molten metal under high pressure into mold cavities (which are machined into dies).
Paper can be made as a primary raw material wood,bagasse (sugarcane waste).
Wood is supposed to cook in a pressure vessel called DIGESTER.Then it is subjected to >
cleaning
screening
brown stock washing
bleaching
storage
paper machine
PAPER
A place that manufactures goods to be sold is called?
A place that manufactures goods to be sold is called a factory. Many places have there goods made somewhere else and the finished product delivered to them.
Can you show me the cross sections of manufactured boards?
We need some pictues of the cross sections of manufactured boards. Thank you.
What problems existed for workers in factories during the 1800's?
the problam was that children had to wok in the factories instead of going to school.
You want to do summer project relating to Finance?
yes am a MBA 1yr student and i want to do summer project on finance
Why would a food manufacturer use standard pre manufactured components in a product range?
# Time- saves time making the product from scratch. eg buying a pizza base (pre standard component) saves time making the dough # Quality all the same- If buying somthing pre made (pizza base, pastry case) the shape, thickness, size will all be the same as they are made by machinary on a large production line. No human error. # Less equipment is needed as your not making dough/ pastry as you are buying a pre manufactured product. Saves manager money. # Skill level lower- Manager can employ lower skilled workers as he is using pre made products. This also saves manager money as higher skilled workers generaly demand a higher wage. # Saves money- Buying pre made products in bulk saves alot of money and time as ingredients such as flour, eggs dont have to be brought. # Health/ Hygeine- standard components (pizza bases) made in a safer more hygenic environment then a kitchen. # Standard components can be brought at any time, any where as they are widely avaliable, production of them is continuous. Hope this helps, Dave
Explain why time management is important?
Being able to manage time is important. It is important in life because it helps people get things done sooner, or in the time allotted for an activity.
What is an example of custom manufacturing?
A company that makes specialized components for weapons.. BMI Defense systems
Mass Production is a system of manufacturing based on principles such as the use of interchangeable parts, large-scale production, and the high-volume http://www.answers.com/topic/assembly-line. Although ideas analogous to mass production existed in many industrialized nations dating back to the eighteenth century, the concept was not fully utilized until refined by Henry Ford in the early twentieth century and then developed over the next several decades. Ford's success in producing the Model T automobile set the early standard for what mass production could achieve. As a result, mass production quickly became the dominant form of manufacturing around the world, also exerting a profound impact on popular culture. Countless artists, writers, and filmmakers used the image of the assembly line to symbolize either the good or the evil of modern society and technological http://www.answers.com/topic/prowess.
Background
British inventors pioneered the earliest use of machine tools. Early inventors like Richard Arkwright and Henry Maudslay built precision machines necessary for mass production. Many of England's early machine tool artisans worked as apprentices, then later crafted precision lathes, plane surfaces, and measuring instruments. Even with the early successes in Europe, scholars of technology attribute the widespread adoption of mass production to trailblazers in the United States. With its abundant http://www.answers.com/topic/waterpower, coal, and raw material, but shortage of workers, America was the ideal place for building skill into machinery. From the start, American leaders attempted to mechanize production of barrels, nails, and other goods. In the early 1800s, the American inventor Thomas Blanchard used mechanized production to make rifles and muskets for the federal armory in Springfield, Massachusetts. Blanchard's efforts were supported by the War Department, which also backed other applications of mass production.
The distinct system developed in the United States became known as the http://www.answers.com/topic/american-system-economics of manufacturing. In the nineteenth century, the nation witnessed the rise of innovators such as Eli Whitney, Samuel Colt, and Cyrus McCormick. These leaders were committed to interchangeability and mechanized production. By 1883, the Singer Manufacturing Company sold over 500,000 sewing machines. McCormick, whose machine enabled farmers to double crop sizes, produced thousands of grain reapers in the mid-1800s and spurred additional innovation in agriculture. These early innovators, however, depended on skilled machinists to properly fit parts together. Only later, when parts were completely interchangeable, did true mass production occur.
Impact
Many factors came together in the early twentieth century to make mass production possible. Henry Ford's decision to produce an inexpensive automobile that working people could afford was a gamble. He succeeded in convincing his financial partners to back his idea through sheer determination. Detroit's history of mechanical innovation also played an important role. The city's many skilled engineers and designers helped refine Ford's early attempts and later helped build large factories to showcase his ideas. The abundant talent-similar to California's Silicon Valley in the late twentieth century-allowed Ford to recruit talented employees. The immigration boom in Michigan provided Ford's company with the http://www.answers.com/topic/unskilled workers for the assembly lines.
Ford's determination to make Model T's and only Model T's helped in the development of mass production techniques based on the moving belt assembly line. Each process was broken down into its smallest parts. As the components moved down the line, the pieces were fitted to form the whole. Throughout the process, Ford emphasized accuracy; experts noted the durability and soundness of his automobiles. Ford devised an assembly line that delivered parts moving by hooks, overhead chains, or moving platforms to workers in the exact order in which they were required for production.
The assembly line gave Ford factories a fluid appearance and dramatically increased productivity. Without the assembly line, Ford would not have been able to keep pace with consumer demand. At the same time, Ford hoped to maximize economies of scale by building large factories. Most important for consumers, the increased efficiency brought with it a reduced cost. Model T prices quickly dropped from more than $800 to $300. As a result of these innovations, workers were soon able to produce a new Model T every two minutes. The company sold 11,000 cars from 1908 to 1909, a 60 percent increase over the previous year. Ford then outdid himself with the 1910-1911 model, selling 34,528. Sales skyrocketed in 1914, reaching 248,000, or nearly half the U.S. market. The heavy demand forced Ford to continue innovating. He built the largest and most modern factory in America on a sixty-acre tract at Highland Park, north of Detroit. Ford's net income soared from $25 million in 1914 to $78 million by 1921.
Another essential http://www.answers.com/topic/facet of Ford's mass production system was his http://www.answers.com/topic/willingness-3 to adopt resourceful means of finding labor to work the assembly lines. The sheer size of the workforce Ford needed to keep pace combined with the http://www.answers.com/topic/monotony of the assembly line led to great turnover in the factories. Early in 1914, Ford introduced the "five dollar day" to deal with labor shortage. He paid workers the then-outrageous sum of$5 a day for an eight-hour http://www.answers.com/topic/workday. The basic wage eclipsed the industry standard of$1.80 to $2.50 a day on a longer shift. The five dollar day program transformed Ford from a business leader into a legend.
Because of mass production and Ford's high wages, company workerswere given the ability to elevate themselves above working-class means, contributing to the growing consumer culture in the United States. With the extra pay, they participated in the accumulation of material items previously out of their reach. In turn, other mass producers, especially of middle-class luxuries, were given another outlet for goods. The five dollar day ensured the company that it would always have the workers needed to produce, while at the same time allowing working-class families a means to participate in America's consumer culture.
Even the decline of the Model T did not affect the demand for automobiles. Mass production techniques spread to other car manufacturers. Alfred P. Sloan of General Motors introduced the annual model change in the 1920s. The changing look of automobiles, made affordable by mass production, mirrored the changing national landscape. A sweeping car http://www.answers.com/topic/craze prompted the desire for material abundance that would mark the genesis of modern America after World War II.
Advertisers, artists, and writers used the factory and assembly line to symbolize life in the United States. Often, they associated http://www.answers.com/topic/manliness-2 with technology and engineering. Many looked upon the factories that linked American cities with an attitude akin to http://www.answers.com/topic/romanticism. Corporate marketing, advertising, and public relations staffs and outside agencies developed to massage this message into the public's http://www.answers.com/topic/subconscious. Many factories even began offering tours to show off production capabilities. Ford's Highland Park factory received more than 3,000 visitors a day before 1920. General Electric, National Cash Register, and Hershey Chocolate established tours as well. They were a new form of public relations and left visitors with a deep, positive impression of the company. Over the next several decades, the influence and dominance of mass production solidified around the world. In preparing for World War I and then World War II, nations intensified mass production of arms and ammunition. The efficiencies of mass production allowed American businesses to switch from consumer goods to war stuffs quickly. The amount of armaments brought to the war effort by the United States turned the tide in both wars.
After World War II, American industry shifted back to consumer goods, but did not slow the pace. The rise of suburban living and the subsequent baby boom kept assembly line production at http://www.answers.com/topic/phenomenal rates. The growth of the middle class, both its wages and desire for material goods, can be traced to the development and dominance of mass production. Mass production also bears great responsibility for the manipulation and exploitation of workers, particularly unskilled labor. The process made workers http://www.answers.com/topic/dispensable and increased the power of the foremen, managers, and department heads that wielded power over them. These influences were mocked across the popular culture spectrum, from Upton Sinclair's muckraking novel http://www.answers.com/topic/the-jungle (1906) to the 1936 film by http://www.answers.com/topic/charlie-chaplin-film, Modern Times.
Mass production techniques maximized the profit making ability of corporations, but it dehumanized the lives of workers. Frederick W. Taylor introduced http://www.answers.com/topic/scientific-management at the beginning of the twentieth century, which used time and motion studies (often timing them with a http://www.answers.com/topic/stopwatch) to measure workers' output. Taylor's goal was to find the ideal process and then http://www.answers.com/topic/duplicate it over and over. In the abstract, scientific management was a giant leap forward, but in reality, mass production led to worker unrest, turnover, and social conflict. Unionization efforts, particularly the struggles to organize unskilled workers by the Congress of Industrial Organizations (CIO) in the 1930s and 1940s, and battles between management and employees intensified as workers became more alienated because of the factory setting.
Yes to both.
3000
Name five European countries that rank among the world's top manufacturing centers?
Germany, UK, France, Italy, Spain
A mixed cost will contain both a fixed and a variable component. It is used to predict how costs will fluctuate with a variable component.
How are fish caught processed-canned frozen or manufactured into fish sticks?
Fish are either caught in bulk or grown in fish farms. Fish sticks and and their square cousins (found in McDonald's fish burgers) are produced on factory ships at sea or brought to processing plants.
The catch is sorted by hand. Desirable fish are segregated to be sold as "named " fish parts (e.g. sole fillets) Less desirable fish are reserved for further processing. Trash fish are dumped or combined with offal to become protein meal for animals.
Desirable fish are gutted and filleted either by machine or hand. The tasty parts are flash frozen and packaged.
In a similar plant some fish is put raw into cans. The cans are sealed and sent through a cooker. Sardines and smaller fish may be packed in oil. Anchovies are salted before canning.
The leftover bits that are not offal are combined with less desirable fish to be mechanically defleshed. The flesh particles are compressed into blocks and snap frozen (AKA flash frozen), then pass through a wire cutter which cuts them to the required size and shape, then they go through a crumbing machine and are boxed automatically.
Every sentence that follows the topic sentence will in some way support or prove the controlling idea. If any main clause does not support the controlling idea, it has no purpose in the paragraph.