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

Explain election in six months after ratification, Jack is a 2nd level mana...

Jack is a 2nd level manager at Johnson Controls. His department includes 2 supervisors, 5 night shift security guards, 5 technical workers, 10 janitorial staff, and 25 manufacturin

Range - statistical aspects of variability, Range - Statistical Aspects of ...

Range - Statistical Aspects of Variability The range is simply the difference between the highest and lowest measurements recorded. Let us say that, in this case, the highest

Explain what would his average inventory be, Mark Achin sells 3,600 electri...

Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding

Operations layout systems, After completing your program in the University,...

After completing your program in the University, you would want to establish your own business. Relate your choice of business to any of the types of operation layout systems

Products and services of a company - customer perspective, Products and Ser...

Products and Services of a Company - Customer Perspective In this perspective, the company needs to depict the way by which the internal and external customers value the compa

Explain weeks of supply, The Bawl Corporation supplies alloy ball bearings ...

The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials

Explain expects to perform the modifications to vehicles, Honda Motor Compa...

Honda Motor Company has discovered a problem in the exhaust system of one of its automobile lines and has voluntarily agreed to make the necessary modifications to conform with gov

Explain leadership styles of both coaches, Write a 750-1,000-word paper tha...

Write a 750-1,000-word paper that analyzes the two leadership case studies, "Coach Knight: A Will to Win" and "Coach K: A Matter of the Heart." Address the following questions an

Product , Product Product is anything that can be offered to a market ...

Product Product is anything that can be offered to a market that might satisfy a want or need. There are two concepts of product narrow concept and wide concept. In its narrow

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