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ASHA 777 [7]
3 years ago
9

What three activities are typically involved in the production planning process

Business
2 answers:
neonofarm [45]3 years ago
8 0

Before moving towards the steps or activities involved in the Production Planning Process, we need to know what it is actually.

Production Planning Process is simply the planning of production process. A plan is made to determine the whole manufacturing process of the organization.

There are 3 steps or activities involved in this process, that are as follows:

1) Routing: it is the process in which the route of the work involving in the manufacturing process is decided.

2) Scheduling: it is the scheduling of the work, processes, operations, timings, etc

3) Dispatching: It is the provision of authority to the production department to start the production process.

lianna [129]3 years ago
4 0
What three activities are typically involved in the production planning process? Chase, level and stable workforce. The production planning process is focused on manufacturing models in a company or industry. They make sure they are making the best use out of employees, materials and their production capacity to serve as many people as they can. 
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Suppose you operate a coal power plant and is considering upgrading the flue gas desulphurisation (FGD) facility (or "scrubbers"
Novosadov [1.4K]

Answer:

The present value is   $19,039

Explanation:

The computation of the Present value is shown below

= Present value of all yearly cash inflows after applying discount factor

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

where,  

rate is 2%  

Year = 0,1,2,3,4 and so on

Discount Factor:

For Year 1 = 1 ÷ 1.02^1 = 0.9804

For Year 2 = 1 ÷ 1.02^2 = 0.9612

For Year 3 = 1 ÷ 1.02^3 = 0.9423

For Year 4 = 1 ÷ 1.02^4 = 0.9238

So, the calculation of a Present value of all yearly cash inflows are shown below

= (Year 1 cash inflow × Present Factor of Year 1) + (Year 2 cash inflow × Present Factor of Year 2) + (Year 3 cash inflow × Present Factor of Year 3) + (Year 4 cash inflow × Present Factor of Year 4)

= ($5,000 × 0.9804) + ($5,000 × 0.9612) + ($5,000 × 0.9423) + ($5,000 × 0.9238)

= $4,901.96  + $4,805.84  + $4,711.61  + $4,619.23

=  $19,039

We take the first four digits of the discount factor.  

4 0
3 years ago
Which e-commerce business model used in procurement and sourcing has a seller-operated service that consists of a number of elec
SIZIF [17.4K]

Answer:

The correct answer is: electronic marketplace.

Explanation:

An electronic marketplace gathers sellers and suppliers through the worldwide web who offer their products virtually to fasten the purchase process and reach a larger number of consumers. These characters have a well-structured business even if it is not physical. Their objective is to give consumers to shop online without the need of going to the store in person.

5 0
3 years ago
The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average w
svp [43]

Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.

<h3>When is a price considered competitive?</h3>
  • It means that the price is better than others in the market for a certain good or services.
  • It is lower than the average price offered by other sellers.

The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.

In conclusion, option A is correct.

Find out more on markets that allow competitive pricing at brainly.com/question/24877850.

7 0
2 years ago
__________ is a strategy based on the use of IT to reduce the costs associated with the product assembly process or the way serv
xeze [42]

Answer:

Flexible manufacturing

Explanation:

A flexible manufacturing system (FMS) refers to a manufacturing system that has a certain degree of flexibility to swiftly respond to unpredicted changes in the manufacturing orders and processes. FMS generally result in a increase in labor productivity and machine efficiency, as well as shorter lead times and increased production rate. If well executed, FMS should provide the same benefits as economies of scale but without the large scale production.

3 0
3 years ago
Ethical behavior begins with:.
Marizza181 [45]

Answer:

manners

Explanation:

4 0
2 years ago
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