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Manufacturing

Manufacturing is the use of tools, machines and labor to produce goods for sale or use. It may refer to various human activities ranging from handicraft to high tech, but is most commonly applied to industrial production where raw materials are transformed into finished goods.

8,256 Questions

What is most necessary for specialization among producers to take place?

Free trade is necessary for specialization among producers to take place.
Free trade

What are the communication failure consequences?

Communication failure is generally, caused due to many factors like using imperfect mode of communication, linguistic abnormalities and the so-called communication gap.

Failure in effective communication may lead to misunderstanding or total failure in the expression of ideas. This may lead to bad effect on the listener as well.

Sometimes, failure in communication creates dividing lines between two people e.g., silences between husband and wife may lead to misunderstanding and finally to divorce.

What resource factors might be vital to a new manufacturing venture that produces residential furniture?

The significant resource factors the closeness of raw materials, reasonable of the supply labor and the accessibility of transportation

Is Saturn Still Manufacturing?

No, General Motors terminated the Saturn project as a part of the restructuring when they were in financial trouble.

Some have suggested that shutting down Saturn was an attempt to appease the unions since Saturn was arguably the most successful GM division. Others have pointed out that Saturn was always an experiment, and as such, GM has learned quite a bit that they will now incorporate into the rest of their GM automotive line.

What are some opinions on Batchalor electrical?

NO! they are bogus!!!!do not engage with them.at first all free but later they will ask money for the transfer of your visa processing.it is scam!

What clean room technicians do?

Almost any sort of job can occur in a clean room.

Classification of cutting fluid with example?

Cutting oils

Emulsifiable oils

Chemical cutting fluids

When did GE impliment Six Sigma?

Jack Welch brought Six Sigma to GE in late 1995. He approached a committee of 500 top managers with the goal of being a total Six Sigma company with little to no manufacturing defects by 2000. Welch was reported as saying this would be the most difficult stretch goal the company had ever undertaken.

The results were astounding! Withing the first two years (1996-1998) GE posted an 11% boost in Revenue, 13% Profit increase, 14% increase in Earnings Per Share, and a 17% growth in Operating Margins.

What type of plastic is a plastic disposable cup made of?

Polystyrene. the opaque white cups that you can make fingernails impressions in, are foamed polystyrene. Clear sups that you get on an airplane are general-purpose polystyrene.

What is better forged steel or stainless steel?

Depend on application. Forged steel is harder and is used among others for for railroad wheels.

Stainless steel is corrosion resistant and is used for surgical tools, or cutlery when you don't ant to the utensils to rust

Could you use managerial accounting tools to assess the profitability of an organization other than a manufacturing business or are the topics you are learning only related to manufacturing?

  • Managerial accounting deals with financial information resulting from a company's production process or other internal functions. Where financial accounting focuses on measuring a company's overall financial performance, managerial accounting focuses on individual business functions or processes. College courses typically focus on a few important areas of managerial accounting relating to accounting tools most commonly used by business owners and managers.

Cost Allocations
  • Cost allocation refers to the attribution of business costs to the goods and services the company produces. This process can be based variably on job-, process-, production output- or activity-based calculations. Managerial accountants review expenditures relating to materials, labor and overhead, breaking down the data to calculate how much of each resource makes it into each item produced. Many instructors focus on these concepts extensively, since each method usually includes several steps that are technically complex.

Budgets
  • Budgets are an accounting tool that companies use to outline future cash expenditures. Managerial accounting not only focuses on overall company budgets, but also on specific variances relating to the production process. Accountants attempt to trace every budget variance to determine whether variances are favorable or unfavorable. Unfavorable variances are not necessarily bad if the company needs to produce more items to meet demand. Instructors often create exercises in which students complete individual budgets for business processes and compile one company budget from this information.

Forecasting
  • Forecasting in managerial accounting typically relates to a break-even or cost/volume/profit analysis. Accountants prepare this information to determine how many items a company must sell to pay for business expenditures. This information can also tell owners and managers how many items a company must sell to make a certain level of profit. While other forecast methods may be taught, these are the primary approaches found in managerial accounting. Instructors typically give students basic information and require them to calculate certain sales figures.

What is the difference between a W16x67 and W12x26 steel I beam?

The simple answer is the W16x67 is bigger. Steel beams are called out by type(W is wide flange), then height in vertical cross section, then weight per linear foot. So your W12x26 is a wide flange "I" profile beam 12 inches tall and weighing 26 pounds per foot of length.