Explain manufacturing budget, Operation Management

Assignment Help:

Explain manufacturing budget.

Manufacturing budget needs the following fundamental budgets or estimates to meet the plans:-

(i) To be manufactured, production budget outlining the schedule of product units.

(ii) Direct material budget.

(iii) Plant (of space) and equipment budget.

(iv) Upholding budget.

(v) Manufacturing expense budget (as overhead).

(vi) Labour budget.

Production budget is a part of manufacturing budget. Manufacturing assists management in maintenance production at an even level and in controlling the use of material, equipment and labour.


Related Discussions:- Explain manufacturing budget

How davis teaches supply chain management, Professor Davis teaches a course...

Professor Davis teaches a course in supply chain management at North Texas State University. She is scheduled to give her class of 32 students a final exam on the last day of exam

Explain does veil of ignorance concept make sense, Some ethical philosopher...

Some ethical philosophers are deep thinkers. In the area of distributive justice, the concept of ‘Veil of Ignorance' by John Rawls is not an easy concept to understand. In your own

Relationship among analysis and planning and implementation, Analyze the re...

Analyze the relationship between analysis, planning, implementation, and control. Provide an example of a product or service that flows through this relationship. Break down the pr

Explain what are the risks and opportunities, 1. Using Porter's Five Indust...

1. Using Porter's Five Industry Forces, map the soft drink industry. 2. What are the risks and opportunities of the strategies followed by Pepsi? Of Coca Cola? 3. How would you res

Explain importance and enforcement of consumer rights, Compare a Utilitaria...

Compare a Utilitarian and a Libertarian view on the importance and enforcement of consumer rights (to choose, to safety, to be informed, to be heard, to redress and to privacy).

Describe work breakdown structure, All of the following convetions are wide...

All of the following convetions are widely adopted project teams create the second level of the project Work Breakdown Structure (WBS) EXCEPT: A. The second level may be organized

Describe all the limitations of matrix organization, Describe all the limit...

Describe all the limitations of matrix organization. Limitations of matrix organization (i) Matrix organization violates the principle of unity of command when a person

Describe why you agree or disagree with the results, Write your formal anal...

Write your formal analysis of your Color Q self-assessment results. I will look for the following information What primary and secondary color type are you? (MY COLOR ARE GOL

Explain essential components of a marketing plan, What are the essential co...

What are the essential components of a well-balanced marketing plan?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd