What is the total value of a product?
The total value of a product includes installing, maintenance and materials used in the creation of the product. It is the total value when making a final purchase.
Posoftifly Yes im afraid
What are the key elements of business success from an operation perspective?
It needs to be efficient and effective. It needs to be able to meet customer demands on time and to help them get the products that they want.
Salient featuring of time study and work sampling?
Time Study: Its a method to break down any activity in detail elements and measure the time of those elements with proper rating. It is generally used for determining standards and scope of method improvement.
Work Sampling : It is a technique to determine the utilisation of either a machine or workman. It saves time of work study person as he randomly keeps monitoring process rather than spending whole of his time.
"Layoffs" are the temporary or permanent release of employees from a company due to downsizing or restructuring or other business reason, as opposed to discipline or individual terminations. Originally, "layoffs" were temporary, to reduce the labor expense during periods of low sales or lagging profits. Often the employees would be re-activated or rehired preferentially before any new employees. However, the term is now generally applied (as a euphemism for 'firings') to any mass reduction in the labor force of a company or industry, even permanent ones.
What is the worlds largest industry?
TOURISM IS THE WORLDS LARGEST INDUSTRY ....
A1. Food may run neck-n-neck with Tourism, but by year 2020, all of the wealthy people in the Baby Boomer generation will have retired and boost tourism to the undisputed WW industries champ. Tourism is currently 3 TRILLION WW annually. DO the math.
A2. This is entirely wrong. The world's largest industry is Insurance, by far. Followed by Energy, Weapons and Real Estate. Tourism is, however, the world's largest Service Industry- enormous difference.
A3. If tourism is 3 trillion $ annually. Packaged food alone is 1.6 trillion $ annually. Check this out.
http://www.forbes.com/2007/11/11/growth-agriculture-business-forbeslife-food07-cx_sm_1113bigfood.html
The answer should be FOOD it is in china
What are germanys main industries?
guys proabaly beer making and also steel and other metal industry's
Material control is a system of controls that is set up to monitor the purchase and storage of materials for a business. It also tracks the use of materials so a proper inventory can be kept. These control systems also have procedures in place to minimize waste.
How many tactical flashlight manufacturers are in the US?
There are many manufacturers in the US producing Tactical Flaslights. Some of them are :
1. Arc : Arc Flashlights manufacture LED lights and produce 3 basic lines such as Arc-AAA, Arc-AA and the Arc-LS.
2. Inova : is another producer of Flashlights which produce Handheld lighting equipment driven by excellence indesign, engineering and materials.
3. Maglite : Maglite is AA manufacturer which represents an abiding commitment to perfection.
For more manufactuers, please refer the link in sources. Happy to help you.
Role of cost accountant in a manufacturing company?
Kindly furnish me with the roles of a cost accountant in any manufacturing company
"HKK" may refer to separate business entities in Machining and Manufacturing : HKK Chain : roller chain and sprockets HKK Machining : supplies automotive parts to Daimler-Chrysler, among others. (either is pronounced "H. K. K." , "aitch kay kay")
What is the responsibilities of a buyer or a purchaser of a large corporation?
There are many responsibilities to the buyer of an corporation.
What types of presses are there?
Relief, Planography, intaglio, porous, impactless, binding, and finishing
What corporate headquarters are located in AL?
Many companies have their corporate headquarters located in AL. Some of these companies include Books-a-Million, American Cast Iron Pipe Company, Diagnostic Health Corporation, and Motion Industries.
If you need a lot of UPC codes then you should register for your own UPC prefix with GS1 (formerly UCC) so that you can issue your own UPC numbers. This can cost from $750 and up depending on how many UPC's you need to issue, plus an annual renewal fee. If you just need a few now and then, there are many companies on the web that offer UPC bar codes one at a time, just Google "buy UPC barcode" and you will find a few. Their prices range from $29-89 per UPC bar code, and some charge a one-time membership fee.
You can view a comparison of companies which resell UPC codes at http://www.singleupc.com/resellermatrix.htm
Discuss the role operations management plays in producing goods and services?
Operations managers are required to take a series of decisions in the production function. Some functions of production manager are listed below:
• New product research and development -- Operations managers are involved in decisions about the logistics of producing the new product, the costs, the skills necessary, the equipment, and the staff training to make it happen.
• Manufacturing and production -- It is here that operations managers will often have the most impact (depending on the type of business). Manufacturing and production processes need constant review and continuous improvement.
• Supply Chain -- Purchasing prices and levels, as well as, storage of raw materials, inventory, and other product components is part of the job of the operations manager. From an operations standpoint, these are all processes that must be reviewed frequently and improved.
• Quality Management -- Tying back once again to customer satisfaction is the level of quality that must be maintained in both the product produced and the environment in which it is produced. (i.e. Happy workers produce better products.) Operations play a big part in analyzing and improving quality in every facet of the business.
• Sales and Marketing -- Market research and feedback from customers is critical to creating successful marketing programs, as well as for the development of new products. By working with marketing, operations can help the company better fulfill customer needs.
• Finance -- Budget information is important for every department of the company. The operations manager may need to be able to provide costs for each phase of the operation in order to prepare proper budgets and forecast accurate profit/loss information. Replacement and repair of capital equipment are also issues here.
• Human Resources -- Identifying the optimum number of employees for each department, as well as the overall organization of staff and reporting structures can also be part of the operations manager's role.
What is the relationship between Materials Management and Purchasing?
Every company depends on a specific amount of materials and supplies to meet the demands of their customers. Individuals working in the he area of materials management must ensure that this amount of product is always readily available. To meet the expectations in their department they must communicate with the purchasing team on how much product should be ordered and when. Working together they can create a plan of how to ensure that these products are ordered in a timely manner that ensures they are always on hand.
During the process of steel production the flaws in steel casting are detected by?
ultrasonic vibrations
A scientific criteria for determining a good Plant Layout:
1. Integration:
Integrates of men, materials and machines and support services in order to get the optimum output of resources.
2. Cubic space utilization:
Utilization of both horizontal and vertical spaces and height is very important to use the space as much as possible.
3. Minimum distance:
Minimum travel of men and material should be implemented means; the total distance travel by the men and material should be minimized as much as possible. Further straight line movements should be promoted.
3. Floor:
Arranging the floor to move the material/finished products in forward direction towards the final stage.
4. Maximizing coordination:
Entry into and disposal from any department should be in such manner that it is most convenient to the issuing or receiving departments. The layout should be consider as a whole.
5. Minimum flexibility:
The layout should be able to modify when necessary.
6. Maximum accessibility:
All servicing and maintenance points should be readily accessible. For example; equipment should not be placed against a wall because necessary servicing or maintenance cannot be carried out easily. Further; equipments or other necessary units keep in front of a fuse box will impede the work of the electrician.
7. Safety security:
Due consideration to industrial safety methods is necessary. Care must be taken not only of the persons operating the equipment, but also of the passes-by, who may be required to go behind equipment as the back of which may be unsafe.
8. Minimum handling:
Reduce the material handling to the minimum. Material being worked on should be kept at working height and never have to be placed on the floor if it is to be lifted later.
The following principles also can be taken in to account when planning for a good plant layout;
What is the startup cost of a Wood pellet manufacturing Business?
The cost of a wood pelleting business that will produce 70,000 to 100,000 tons a year of premium grade residential pellets is between 6 and 12 million dollars depending on area on land costs or if you already own land and buildings.