PRODUCTION & OPERATIONS MANAGEMENT PROJECT ON STRATEGIC CAPACITY PLANNING Submitted to Submitted By‚ Prof. J.P.RATH Md Sarfaraz Khan 15320 WHAT IS CAPACITY PLANNING? Capacity can be defined as the ability to hold‚ receive‚ store‚ or accommodate; a measure of an organization’s ability to provide customers with the demanded services or goods in the amount requested and in a timely manner. Capacity planning is the process of determining
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Vegetable Production - Not just planting a few seeds! The production of vegetables is very important in today’s society as we try to promote healthy living. Vegetables provide a major component to achieving a balanced and nutritious diet as they are a prime‚ convenient and natural source of minerals‚ vitamins‚ fibre and energy and are known not only to introduce essential nutrients to the diet but also to help to prevent diseases. Making vegetables available‚ through production‚ distribution
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1. Program planning involves: identifying the most critical needs of clientele‚ projecting needs of clientele‚ knowing our ability to respond to clientele needs‚ planning and delivering programs to address needs‚ evaluating the outcome of our efforts‚ and reporting that outcome back to partners‚ stakeholders‚ and constituents. Program planning is the very essence of being an extension professional. Every extension professional‚ regardless of position‚ both responds to requests from the public and
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Types of Production Primary Production This includes all kinds of extractive industries such as agriculture‚ mining and fishing. Secondary Production This includes manufacturing such as assembling‚ refining and construction (building) industries. Tertiary Production This includes all kinds of service industries such as transportation‚ communication and tourism. (1) Features of a Business Plan A business plan is a document outlining the goals of a business and the strategies to achieve
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Media Production There are many things to consider when creating a film‚ music video or animation. How much will it cost? Who needs to be employed? How long will it take? These are the main questions that need to be answered before anyone even begins to create a piece of media. Personnel Producer Producers are the main individuals in television‚ film and video production. The initial idea for a project often comes from a producer‚ who will oversee each project from beginning to end and may also
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Submitted to Submitted by INTRODUCTION Lean manufacturing‚ lean enterprise‚ or lean production‚ often simply‚ "Lean"‚ is a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful‚ and thus a target for elimination. Working from the perspective of the customer who consumes a product or service‚ "value" is defined as any action or process that a customer would be willing to pay for. Essentially
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Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: Theproduction budgetis prepared after thesales budget. Theproduction budgetlists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be determined as follows. | Budgeted sales in units-------------------
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18. Curtis Toy Manufacturing Company is evaluating the extension of credit to a new group of customers. Although these customers will provide $240‚000 in additional credit sales‚ 12 percent are likely to be uncollectible. The company will also incur $21‚000 in additional collection expense. Production and marketing costs represent 72 percent of sales. The company is in a 30 percent tax bracket and has a receivables turnover of six times. No other asset buildup will be required to service the new
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THE ECONOMICS OF MASS PRODUCTION. The United States economy changed dramatically in the period following the Civil War. Business itself changed during this time: various ways were tried to increase the size of businesses‚ including trusts and holding companies. The average standard of living more than doubled between 1870 and 1910 and manufacturing‚ rather than agriculture‚ became businesses central feature. A major factor in this increase was the rise of big businesses and the widespread use
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EXTERNAL ANALYSIS I. Aggregate Market Factors Aggregate factors are important indicators of the attractiveness of a product category. A. Size The market size is defined through the market volume and the market potential. The market volume exhibits the totality of all realized sales volume of a special market. The volume is therefore dependent on the quantity of consumers and their ordinary demand
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