![]() ![]() The key elements involved in making production decisions include: Amount to produce Related: What is Cost of Production? Elements of a production decisionĪn important part of being a manufacturing manager is making big-picture production decisions that impact the efficiency levels of the creation and sales of products. There are many different types of production processes businesses can follow, according to their manufacturing goals, production numbers and technology tools or software systems. IN PRODUCTION HOW TOThe production process typically covers how to efficiently and productively manufacture products for sale to reach customers quickly without sacrificing the quality of the product. ![]() What is a production process?Ī production process is a method of using economic input or resources, like labor, capital equipment or land, to provide goods and services to consumers. In this article, we review what a production process is, the elements of choosing the right production process and the types of processes available. The right production process for each organization typically depends on the technology available, how many products the company needs to produce and organizational structure. This involves following various steps, from the input stage of product creation to the output stage of selling to consumers. When a company creates products to sell to consumers, they typically use a strict production process. ![]()
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