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Production
Production is any process or procedure developed to transform a set of input elements such as men, materials capital, information and energy into a specified set of output elements like finished products and services in proper quantity and quality thus achieving the objectives of an enterprise. The spirit of production is the formation of goods, may be by the transformation of raw material or by assembling so many small parts (as in television or scooter manufacturing). Production in everyday life can be noticed in factories hospitals offices etc, there are four recognized factors of production:
According to E .S. Buffa, production is a procedure by which goods and services are created. In common production is the use of any process or procedure designed to transform a set of input elements into a set of output element, which have use value and economic value.
The issue of fraud must be considered when managing risk as it could present a major liability to the organization. Fraud is an act that requires an aggressive response and correct
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Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
wild west inc is a telephone company
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How customers were affected the BP oil spill disaster in the gulf
Natalie Attired runs a small job shop where garments are made. The job shop employees 8 workers. Each work is paid $10 per hour. During the first week of March, each worker worked
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