What Are the Two Key Aspects of Production Control

question 80

Multiple Choice

What are the two key aspects of production control?

• A) inventory and raw material availability
• B) raw material availability and scheduling
• C) routing and inventory management
• D) routing and scheduling

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Definitions:

Current Profitability

A measure of a company's financial performance in the current period, often assessed through margins or net income.

Constrained Resource

A limited resource in a production process that restricts the company's ability to meet demand, influencing the maximum output.

Constrained Resource

A limited capacity resource that restricts an organization's ability to meet production demands or goals.

Financial Advantage

The benefit or upper hand that a business or individual gains by optimizing financial decisions and resource allocations to enhance wealth or profitability.