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Which factors are the productions and manufacturing budget based?
The productions and manufacturing budget based is based onto:
1. Sales budget,
2. Factory capacity (Production and storage),
3. Budgeted stock requirements,
4. Economic lot size, and
5. Availability of raw material and labour, etc.
CAD is automation of design process similarly CM is defined as automation of manufacturing process. The CAD/ CAM addresses only the physical description of the product which s
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