Production Management
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Advantages of Classifying Costs into Fixed and Variable Costs
Cost is the aggregate of normal non-financial revenue items which are found in revenue statement or profit and loss account…
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The Relationship of Cost to Volume and their Assumptions
Cost is the aggregate of normal non-financial revenue items which are found in revenue statement or profit and loss account…
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The Commonly Used Power Driven Material Handling Equipment
An exhaustive treatment of all the available types of power operated materials handling equipment is not possible nor desirable here.…
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The Commonly Used Hand Operated Material Handling Equipment
A wide variety of material handling equipment has been developed to meet with the requirement of a wide range of…
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The Factors on which Selection of Material Handling Equipment Depend
The selection material handling equipment depends upon the following factors . (i) Layout of the Plant (ii) The nature of…
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Importance of Material Handling in Production Management
Design and operation of an efficient production plant requires a good and effective material handling system for moving the materials…
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14 Main Objectives of Materials Management Read NOW
Materials Management is a very important function for the efficient production plan in an organization. The objectives of materials management cannot…
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Meaning and Objectives of Materials Management
Materials management is the recent additions to management. No product can be produced without raw material. In few cases raw…
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Comparison Between Stores Ledger and Bin Cards
A. Stores Ledger: A store ledger is a record of stock wherein both quantities and values are shown. Correct stores…
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Benefits of Scientific Purchasing to a Company
Benefits of Scientific Purchasing: The purchasing department is entrusted with the task of procuring the materials. The function of the…
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