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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.
Plot these samples on the control charts and circle any observations that appear to be out of control. mean (micronsa)(n=4) minimum maximum 4.134 4.011 4.612 3.913 3.891 4.474 4.58
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Meile Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Larry Meile hopes the contract will be extended and th
What are different benefits & limitations of Waiting Line Theory?
Explain the McGregor's Theory x-y , the pros and cons of the theory
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