The cost of production includes resources used in manufacturing goods, such as labor and overhead. Monitoring costs helps companies maximize resources and profits. Increases in costs are investigated to determine the source and if action is needed. Calculating production costs varies by country and industry. The cost of production is the cumulative total of resources […]
There are different production methods for making goods, including labor, batch, boutique, and mass production. Labor production involves making each item separately by a skilled worker, while batch production involves making a set number of items in batches. Boutique production combines jobbers and batches for small runs of products. Mass production is the most efficient […]
Manufacturing systems are based on factors such as product demand, speed, and uniqueness. Custom, assembly, flexible, intermittent, reconfigurable, just-in-time, and lean manufacturing systems are used. Each system has advantages and disadvantages, with lean manufacturing focusing on efficiency by eliminating waste. A manufacturing system is an approach to making products that is based on several factors. […]
Loss of production can lead to inefficiency and increased costs for businesses. Metrics can be used to gauge productivity and determine losses. Unpredictable circumstances can cause disruptions, leading to delays and customer dissatisfaction. Productivity graphs can help companies identify and resolve issues. Loss of production is a disruption to normal operations leading to inefficiency. This […]
Agricultural production management involves selecting the crop, preparing the land, applying fertilizers and pesticides, and irrigation to improve crop yields. The type of crop and soil type are important considerations, as well as climate and pest management. Weeding, irrigation, and proper harvesting and storage are also important. Agricultural production management refers to the various processes […]
Equivalent production units are used in accounting to account for products still in production at the end of a reporting period. This allows for easier reporting of production costs and allocation of funds. The basic formula involves multiplying the number of partially completed units in inventory by the percentage of completion. Companies use this information […]
The productivity paradox suggests that technology investments may not necessarily lead to increased productivity due to inaccurate measures, slow gains, and poor management. After a certain point, heavy investments in technology may not be effective in increasing productivity. Current methods of measuring productivity have limitations and may not take into account certain variables that affect […]
Product change management is a system used by manufacturers to develop and change products for distribution and sale. It involves identifying the need for change, planning, executing, and evaluating the process to ensure customer satisfaction and profitability. Product change management is a system by which products are changed and new products are developed for distribution […]
Product and packaging are closely related concepts, with packaging playing a vital role in product presentation and preservation. Regulatory authorities have laws guiding product packaging, including labeling, packing, and warnings. Packaging design can also increase sales by appealing to certain values. Good packaging can extend a product’s shelf life, especially for perishable goods. Product and […]
Managers create budgets projecting production volume and financial expectations, but actual production may vary due to unforeseen factors. Positive variation occurs when actual production exceeds estimates, negative variation when it falls short. Managers and other supervisors in factories often create budgets that project the company’s overall expectations regarding different aspects of its operations, including production […]
The production function evaluates the relationship between a business’s output and its inputs, such as capital and labor, to identify ways to increase efficiency and reduce waste. This concept can be applied to businesses of all sizes and types. A production function has to do with the relationship between the output of a business and […]
A production line is an organized process of assembling a product using a conveyor belt or other mechanical system. The concept was first used to transform raw products into usable goods and was later used in mass production by Henry Ford. Production lines have streamlined manufacturing, reduced costs, and increased productivity. Automation has further reduced […]
A product coordinator manages all aspects of product lifecycle management, including distribution, sales, returns, and consumer interest. They work closely with product development and marketing teams and are responsible for change management, file organization, and planning. There is no specific training program for this role, but many have formal education in business administration or management. […]
Production engineer jobs cover a wide range of industries including oil and gas, heavy steel, mining, and scalable manufacturing processes. They work with other engineering disciplines to make the production process efficient and reliable, and are often involved in designing new components or systems. The role combines manufacturing science and management, and is increasingly focused […]
Executive producers oversee the production of films, TV shows, and music. Their job descriptions vary widely and can include finance, people management, and creative work. They may work for a studio, own their own studio, or work independently. An executive producer is usually the head of a production and he or she has a very […]
Different job titles in the entertainment industry, such as producer and executive producer, have varying levels of involvement in a project. A producer is typically involved in all aspects of a project, while an executive producer may have a more limited role. There is debate over who should receive executive producer credit, but only one […]
A production editor manages the publishing process from start to finish, working with authors, publishers, and vendors to ensure timely completion. They must be organized, have good communication skills, and stay within project budgets. Computer skills and marketing knowledge are also important, and a bachelor’s degree in journalism or communications is usually required. A production […]
Production editor jobs include proofreaders, junior editors, copy editors, desktop publishing editors, academic editors, and more. They ensure efficient production of printed publications and books, often working in teams to carefully evaluate and edit manuscripts. Many publishers outsource production editing and book review, leading to increased availability of freelance editors and faster publication times. In […]
A production support consultant assists in product planning, development, and maintenance, conducting business reviews of product designs, suggesting new designs, and communicating with various stakeholders. They also review production methods to reduce costs and streamline processes. Multitasking and organizational skills are important. A production support consultant participates in all stages of product planning, development and […]
Coughs can be dry or productive, with the latter producing phlegm or mucus. Productive coughs can be caused by various conditions, including colds, bronchitis, pneumonia, and lung disease. It’s important to note the color of the mucus and whether coughing produces blood, as this can indicate a serious infection. GERD can also cause a productive […]
