Examlex
The second step in the production cycle is planning and scheduling.One of the methods of production planning is referred to as push manufacturing.This method is also known as
Wages
Payment given to workers for their work or services, often determined by the hour, day, or per piece completed.
Direct Material
Raw materials used in the manufacturing process that are directly attributed to the finished product.
Production Cost
The total expenses incurred in the process of producing goods or services, including materials, labor, and overhead costs.
Organization's Objectives
The specific goals set by a business or organization to guide its operations and strategic direction.
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