Importance of Product Design Production or operationsstrategy is directly influenced by product design for thefollowing reasons:(i) As products are designed, all the detailed characteristicsof each product are established.(ii) Each product
What is Cost Statement
How do we measure cost? Measurement of cost is the first step in the process of control simply because you cannot control unless you measure.Measurement of the cost would mean
What is facility location in operational management ?
Facility Location in Operational Management operational management Plant location may be understood as the function of determining where the plant should be located for maximum operating economy and effectiveness. The
Why CMA as a career is the best choice?
Certified Management Accountant (CMA) Going for the CMA certification is a great career move, especially when you aspire to make it big in the field of management accounting. But before getting into