Pure strategies use only one variable to absorb demand fluctuations. Mixed strategies involve two or more pure strategies.
the difference between production management and operation management?
Describe the relationship between the purchasing and production of a manufacturing company
A Plant Manager is in charge of production, materials, purchasing, Human Resources, Engineering, Quality, etc, etc, a Production Manager is in charge of Production only, and reports to the Plant Manager.
mining the data is called data mining. Mining the text is called text mining
Microeconomics means to study the individual economy while in macroeconomics we study the aggregate economy.
The aggregate plan balances the Plant's capacity with demand and the MPS translates this plan into numbers of specific products in time frames.
productivity is the number of goods made by division of employees...production is the number of goods made
how can you distinguish between them
distinguish between book keeping and accounting
the aggregate demand and aggregate supply curves.
Production management is an organized function within a business that deals with planning, forecasting and production or marketing of a product at all stages of its lifestyle. Operation management is concerned with overseeing, designing and controlling production and business operations during the production of goods or services.
what is distinguish between bookkeeping and accounting? what is distinguish between bookkeeping and accounting? what is distinguish between bookkeeping and accounting?
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
Distinguish between economics activities and economics system
Distinguish Between Accounting Convention And Aoncept
Non-discretionary policies are ones that automatically happen. A progressive income tax and the welfare system both act to increase aggregate demand in recessions and to decrease aggregate demand in overheated expansions. Discretionary policies are those that the government chooses to do in response to conditions -- e.g. enact a tax rate cut.