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What does the scale of operations refer to?
The scale of operations refers to the size and scope of a company's production processes and activities. It typically pertains to the volume of goods or services produced and how efficiently resources are utilized to meet demand. A larger scale of operations can lead to economies of scale, where costs per unit decrease as production increases, allowing businesses to enhance profitability and competitiveness. Conversely, operating at a smaller scale may limit efficiency and growth potential.
What is relationship exists among layout capacity and scheduling?
The relationship between layout capacity and scheduling is integral to optimizing production efficiency. Layout capacity refers to the maximum output achievable given the physical arrangement of resources and equipment, while scheduling involves planning the timing and sequence of operations to meet production goals. An effective layout enhances capacity by minimizing bottlenecks and reducing travel time, which in turn allows for more efficient scheduling. Thus, a well-designed layout supports better scheduling decisions, leading to improved overall productivity.
How do you calculate SAM of a garment?
To calculate the Standard Allowed Minute (SAM) of a garment, you first break down the garment's production process into individual operations. For each operation, measure the time required to complete it under standard working conditions, considering factors like efficiency and allowances for breaks. Then, sum the time for all operations to determine the total SAM for the garment. This value helps in estimating production capacity and labor costs.
What are the 5m's of production?
The 5 M's of production refer to the key elements that contribute to the manufacturing process: Man, Machine, Material, Method, and Measurement. "Man" represents the workforce involved in production, "Machine" refers to the equipment and technology used, "Material" encompasses the raw inputs required, "Method" denotes the processes and techniques employed, and "Measurement" involves assessing quality and performance. Together, these elements help ensure efficient and effective production operations.
Why AFC is a rectangular hyperbola?
AFC, or Average Fixed Cost, is represented as a rectangular hyperbola because it is inversely related to the level of output in the short run. As production increases, the total fixed costs are spread over more units, causing AFC to decrease. This relationship follows the equation AFC = TFC/Q, where TFC is constant and Q (quantity produced) increases, resulting in the characteristic hyperbolic shape. Thus, AFC approaches zero as output becomes very large, illustrating the inverse relationship between fixed costs and output.
Explain issues affecting production and operations functional areas?
issues affecting the production and operations functionsal area of an organization
Relationship of production and operational management with other functional area?
GEDGEYGERY
Define production function?
Production function refers to the functional relationship between (physical) input and (physical) output
Why does the domain of production and operations management include to some extent all organization?
It is because production and operations management is interrelated to other functional areas of business such as the finance, the logistics, marketing, etc.
Relationship of production function with other functional area of production management by saravanavel and sumathi?
The production function is a core concept in production management that defines the relationship between inputs and outputs in the production process. It interacts with various functional areas such as inventory management, quality control, and operations strategy, as these areas rely on understanding how input variations affect output efficiency and product quality. Saravanavel and Sumathi highlight that optimizing the production function can lead to better resource allocation, improved productivity, and enhanced decision-making across these functional areas. Ultimately, effective integration of the production function with other management aspects is crucial for achieving operational excellence.
What is the meaning of operational role?
Business operations deals with functional aspect of the business. Six sigma CRM, lean management are all tools of business operations which help in getting scalability in production.
What are the main functions of the operations functional area?
Produces the products and services and generates revenues and cash flows
Relationship of production function with other functional area of production management?
The production function in management needs the keen division of labor and monitoring of inputs. Production relates to other functions which include design, process management, storage and transportation.
What is the the microscopic structure of the functional unit of the kidney and the of urine production?
The microscopic, functional unit of the kidney and the site of urine-production is the Nephron.
What is the relationship between factors of production and entrepreneurship?
The characteristics of entrepreneurship as factor of production include capital, which is the money needed to start the business. Any part of the business that has to do with the money is a characteristic of entrepreneurship.
What are is an observable characteristic that is expressed as a result of an allele pair?
An observable characteristic that is expressed as a result of an allele pair is called a trait. Traits can be physical features (such as eye color or height) or functional characteristics (such as blood type or enzyme production) that are influenced by the interaction of alleles in the individual's genotype.
What is characteristic of the factors of a production?
Scarcity
