Practical Problem of Flexible Budget : Management Accounting
Practical Problem of Flexible Budget : Management Accounting Read More »
Problem 1 Using the following information, prepare a flexible budget for the production of 80% and 100% activity. Production at 50% Capacity 5,000 Units Raw Materials $80 per unit Direct Labor $50 per unit Direct Expenses $15 per unit Factory Expenses $50,000 (50) (Fixed) Administration Expenses $60,000 (Variable) Solution Flexible Budget at a Capacity of
Flexible Budgets and Overhead Variance Analysis Management Accounting Read More »
BBA | MBA | BHA | MHA | M. Com | CA | CMA ANSWERS : (51)(d) Chemical and Mechanical properties(52)(c) Production(53)(b) Operations management(54)(c) Optimal utilisation of available resources(55)(d) Unlimited, can be applied to any type of activity(56)(a) Standardised products(57)(b) In Product system the machinery and equipment are fixed and in project systemthey are not
Production and Operations Management MCQ- 2 Read More »
BBA | MBA | BHA | MHA | M. Com | CA | CMA Answer Key:(1) (d) Flexibility(2) (a) Machine break-downs(3) (b) Growth(4) (c) TQM(5) (b) Independent Float(6) (a) Regular spares(7) (d) Time between placing the order and receiving the materials(8) (c) PERT & CPM(9) (a) Material requirement planning(10)(b) Gantt chart(11)(b) Simplification(12)(c) Manufacturing products(13)(c) Few
Production and Operations Management MCQ Read More »
I have shared an Online session conducted for MBA & BBA students from various universities. The new product development process is an important topic in the filed of marketing management.
The New Product Development Process Read More »
In order to reduce the occurrence of defects, firms should carry out preventive maintenance. In preventive maintenance, the parts that are likely to produce defects are replaced, rather than the defects that arise during production being repaired. Workers are given the responsibility of maintaining their machinery and equipment and are also trained to solve or
Preventive Maintenance Read More »
Shiego Shingo, a Japanese JIT authority and engineer at the Toyota Motor Company identifies seven wastes as being the targets of continuous improvement in production process. By attending to these wastes, the improvement is achieved. Reference : https://www.lsms.ac/public/uploads/agOo5stUWxcQz4LNqcVJHs6FRUPE5niktFYNr3myktB1vSz5Vh15753763066W1sdKkbQ3pTXIQp1zILqPGSIVt1eGWLimEXCCsz4gCIzBWznB
Seven Wastes in Operations Management Read More »
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BBA Question Paper of Calcutta University 2021 Read More »
An introduction economics for commerce and management students from all universities.
Business Economics – Notes Chapter 1 Read More »