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What Are the Advantages and Disadvantages of Using a Make-To-Order

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What are the advantages and disadvantages of using a make-to-order process compared to the advantages and disadvantages of a make-to-stock process in a manufacturing operation?


Definitions:

FICA

The Federal Insurance Contributions Act, a U.S. law requiring a deduction from paychecks to fund Social Security and Medicare.

Property Taxes

Taxes imposed on property owners by local governments, based on the assessed value of their property, including lands and buildings.

Governmental Funds

Categories of funds used by governments in accounting to segregate transactions related to specific government functions, such as education or public safety.

Fiduciary Fund Types

Categories of funds used by governments to account for resources for which the government acts as a trustee or fiduciary for individuals, private organizations, or other government units.

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