1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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. 
You might be interested in
Describe at least two advantages a large company has over a smaller company. (1-4 sentences.
STatiana [176]

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

4 0
3 years ago
Read 2 more answers
A 4-year project has an annual operating cash flow of $48,000. At the beginning of the project, $3,900 in net working capital wa
tankabanditka [31]

Answer:

The Year 4 cash flow is $33,348.

Explanation:

The Year 4 is the last year of the project.

In this year we have:

- Income: +$48,000.

- Working capital recovery: +$3,900

- Equipment sale: +$5,460

- Equipment book value: -$4,380

To calculate the tax, we apply the tax rate to the income and to the sale profit (difference between the market value and the book value of the equipment):

Tax=0.40*[48,000+(5,460-4,380)]\\\\Tax=0.40*(48,000+1,080)\\\\Tax=0.40*49,080=19,632

- Tax: -$19,632

Then, we can calculate the Year 4 cash flow:

CF_4=48,000+3,900+5,460-4,380-19,632=33,348  

4 0
4 years ago
Sandra, the operations manager of the Zara clothing chain, is informed that the summer line requires certain materials that are
Alecsey [184]

Answer:

<em>MRP (Material Requirement Planning)</em>

Explanation:

Material Requirements Planning (MRP) is a calculation system for the components and materials necessary to produce goods.

All of this consists of <u>three principal steps</u>:

  • stock of on-hand components and materials,
  • recognize which added bits are required and,
  • afterwards schedule their manufacturing or purchase.
3 0
3 years ago
IAS 32 defines a financial instrument as: any contract that gives rise to a financial asset of one entity and a financial liabil
Verdich [7]

Answer:

any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

Explanation:

IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globall

IAS 32 defines a financial instrument as any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

7 0
3 years ago
Crane Company has a unit selling price of $500, variable costs per unit of $260, and fixed costs of $184,800. Compute the break-
Ostrovityanka [42]

Answer:

Break-even point in units= 770

Explanation:

Giving the following information:

Selling price= $500

Unitary variable cost= $260

Fixed costs= $184,800

<u>To calculate the break-even point in units using the mathematical equation, we need to use the following formula:</u>

<u></u>

Net income= unit contribution margin*x - fixed costs

x= number of units

0= (500 - 260)*x - 184,800

184,800/240 = x

770=x

<u>Now, under the unit contribution margin method:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 184,800/240

Break-even point in units= 770

5 0
3 years ago
Other questions:
  • EuroRail and Swiss Rail are hypothetical railways that have a duopoly on the route that connects the cities of Zurich and Munich
    15·1 answer
  • Accrued revenues:
    10·1 answer
  • What key characteristics separate primary and secondary data
    7·1 answer
  • You want to make a 35% ROI on your skateboards It costs you $25 to make and market each unit How much should you charge the reta
    6·1 answer
  • 7. Family child care is typically located in A. a YMCA. B. a church or other faith-based institution. C. the provider's residenc
    13·2 answers
  • List the different elements of an apprenticeship
    5·1 answer
  • What were the holdings of the case HALO Electronics vs Pulse Electronics ? Help please
    7·1 answer
  • Illumination Corporation operates one central plant that has two divisions, the Flashlight Division and the Night Light Division
    5·1 answer
  • 11
    9·1 answer
  • Assume that labor is a variable input. the average wage of workers increases in a purely competitive industry. this change will
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!