"Explain the difference between inventory control for finished goods in manufacturing and in services" Essays and Research Papers

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    manufacturing

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    1 )Manufacturing is the act of making or producing goods by utilizing labor and machineries especially in a large -scale‚ which includes large division of labor. Finished goods produced after manufacturing are further divided into two groups’ producer goods and consumer goods. Producer goods are those supplied to another company for manufacturing other complex products and consumer goods are the finished products which are purchased by the customers directly for the general usage. Casting is a widely

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    Reasons for good stock control: 1. Good stock control helps the business minimise storage costs (e.g. heating‚ lighting‚ security). 2. Good stock control helps the business avoid loss of sales and thus revenue due to items not being in stock. 3. Good stock control helps the business minimise the risk of theft‚ deterioration and obsolescence. 4. Good stock control helps the business improve its customer service (e.g. the ability to inform customers when new stock will arrive. 5. Good stock control

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    Methods of Increasing Productivity Utilizing Inventory Control Systems Master of Science in Operations Management Your Name Date Instructor Term University of I. Introduction The scope of this research paper is to discuss inventory control systems as they relate to the overall production for a company. I will first discuss production factors for companies and costs associated with high inventories. Then‚ switch the focus to describe‚ discuss‚ and compare Just-in-time (JIT) Production and

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    Difference between Good Carbohydrates vs Bad Carbohydrates Which one do you prefer‚ French fries or a tomato and spinach salad? These two types of food are carbohydrates‚ however the second option contains good carbs (vegetables.) Carbohydrates (carbs) are very essential in the body‚ nutrionists recommend that 60% of our everyday intake should come from carbohydrates. Carbohydrates are classified into: Sugar: This is a simple carbohydrate. Some sugars are natural while others are added to your

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    Explain the main differences between Act and Rule Utilitarianism Utilitarianism is a theory‚ which first became widely acknowledge when it was adopted by its greatest advocate Jeremy Bentham. It is a theory that maintains that it is an action’s total consequence that determines its moral correctness. It is a theory not concerned with the effects of the action on the individual carrying out the action‚ but instead the effect it has on everybody affected by the action. It also maintains that it is

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    - A supportive environment is one that promotes health and assist people in making healthy lifestyle choices. Today’s societies are extremely complicated and interrelated. The inseparable connections between individuals and their surroundings or environment constitutes the foundation for a socioecological way to deal with wellbeing. The general controlling standard for the world‚ countries‚ communities and regions alike‚ is the need to energize equal upkeep - to deal with and take care of one another

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    Industrial and manufacturing engineering Name Institution Course Professor Date The difference between industrial and manufacturing engineering changes according to the sector of as industry and the country of origin. An American owned company based in another country uses American terms that are familiar with the management team. In some cases these terms are taken to mean one and the same thing and are used interchangeably. However there are clear distinctions which can

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    whether a person is good or evil‚ however the general idea for evil is someone who breaks rules/laws and a person who is good is the has no intention to do evil. People are all initially born good because they have no specific intentions. The “Nature vs. Nurture” figure commonly depicts the differences between who you are at birth‚ and who you become. A major example of this topic‚ is the man Adolf Hitler. Although humans can be developed into doing evil‚ they are all primarily born good. When humans are

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    Chapter 2 Selected Solutions Job-Order Costing for Manufacturing and Service Companies P2. [LO 3]. a. Terra Cotta Designs Schedule of Cost of Goods Manufactured For the Year Ended December 31‚ 2011 Beginning balance in work in process $ 600‚000 Add current manufacturing costs: Direct material: Beginning balance $ 400‚000 Purchases 1‚000‚000 Ending balance (200‚000) $1‚200‚000 Direct labor 2‚100‚000 Manufacturing Overhead 600‚000 3‚900‚000 Total 4‚500

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    Unit 520 Finished

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    settings (016) 1.1 Explain the impact on selection and recruitment processes‚ in own setting‚ of: A) Legislative requirements B) Regulatory requirements C) Professional Codes D) Agreed ways of working As the manager it important to consider equal opportunities when offering employment‚ pay‚ or promotion without discrimination as to sex‚ race‚ colour‚ disability‚ etc. This can have an impact on the recruitment process because I must take into consideration that the needs of my service users. For example

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