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

What area of human services do you find the most interesting, There are a w...

There are a wide variety of exciting and interactive professions in the field of human services. As demonstrated in the video below and through your reading, do you think that musi

Explain discussion maker acted unfairly in this situation, Why do think the...

Why do think the discussion maker acted unfairly in this situation?

Describe detect the presence of assignable causes, If the time order of pro...

If the time order of production has not been recorded in a set of data from a process is it possible to detect the presence of assignable causes?

Explain organizational learning at alcatel-lucent, How might Verwaayen cont...

How might Verwaayen contribute to organizational learning at Alcatel-Lucent?

Describe the functioning of a erp purchase system, Describe JIT and Kanban....

Describe JIT and Kanban. Mention the benefits of JIT. JIT - concept, objective, achieving the aims of JIT (Elimination of Waste, Total Quality Management (TQM),Total Employee

Explain project procurement management, When concerned with project procure...

When concerned with project procurement management regarding a project, list the different steps of the supply process and reasons why or why not the project would have been more s

Explain services from goods, Which of the following is not a characteristic...

Which of the following is not a characteristic that distinguishes services from goods? Service jobs are unskilled A service is intangible Services are perishable Services are heter

Explain manual order management system, Mr. McNeely currently batches order...

Mr. McNeely currently batches orders for processing under the manual order management system. The orders are batched for daily processing. If Mr. McNeely opts to implement a Web-ba

Explain understanding of human behaviour, Explain understanding of human be...

Explain understanding of human behaviour. Understanding of Human Behaviour: Understanding human behaviour is significant for any one dealing along with human resources. This

Explain improvement that would benefit any organization, From the video, de...

From the video, determine how the hiring practices at Barcelona Restaurant Group could be leveraged at businesses that do not have such a tight focus on customer service. Provide s

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