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Production Planning

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Production Planning

Alphabet

To learn some basic vocabulary about Production Planning

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About Alphabet
Recommended age: 16 years old
0 times made

Created by

Elizabeth Santaella Fernández
Elizabeth Santaella Fernández
Spain

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Production PlanningOnline version

To learn some basic vocabulary about Production Planning

by Elizabeth Santaella Fernández
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Starts with A

It is the total revenues minus explicit costs, including depreciation

Starts with B

It is the manufacture of a number of identical articles either to meet a specific order or to meet a continuous demand

Contains C

Branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies.

Starts with D

The gradual decrease in the economic value of the capital stock of a firm

Starts with E

It is total revenues minus total costs—explicit plus implicit costs

Starts with F

A cost that wills no change when the number of units produced increase

Contains G

Use of predictive analytics, user behaviour analytics, or certain other advanced data analytics methods that extract value from data

Starts with H

The people who make up the workforce of an organization, business sector, or economy

Starts with I

They are the opportunity cost of resources already owned by the firm and used in business—for example, expanding a factory onto land already owned

Starts with J

In this system products are made to satisfy a specific order

Contains K

The amount of work an individual has to do

Starts with L

The time from the moment the customer places an order (the moment the supplier learns of the requirement) to the moment it is ready for delivery.

Starts with M

In this kind of production production, same type of product is manufactured to meet the continuous demand of the product

Contains N

The production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

Contains O

The difference between the purchase price and the costs of bringing to market

Starts with P

It deals with basic concepts of what to produce, when to produce, how much to produce

Contains Q

The set of necessary tools, clothing, etc. for a particular purpose

Starts with R

It is income from selling a firm’s product; defined as price times quantity sold

Starts with S

The middleman between the manufacturer and retailer

Contains T

Inventory system is based on the idea that keeping a large on-hand inventory of any kind is a form of waste

Contains U

It is about selection of path or route through which raw materials pass in order to make it into a finished product.

Starts with V

Cost that will be given by the amount of units produced

Contains W

The basic material from which a product is made

Contains X

Out-of-pocket costs for a firm—for example, payments for wages and salaries, rent, or materials

Contains Y

Measure of the efficiency of production

Contains Z

the use of technology to accommodate a product to particular needs of an individual

 
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