Manufacturing strategy can be described as
producing products to put into inventory based
on a demand forecast.which manufacturing
strategy can be described as producing products
to put into inventory based on a demand forecast
Make-to-stock.
Make-to-stock (MTS) is a production approach
wherein manufacturing making plans and
manufacturing scheduling are primarily based
totally on forecasted product demand. Products
made for the duration of one manufacturing
length are used to meet orders made withinside
the subsequent manufacturing length.
Overall, a properly thought-out product and
accompanying production approach permits
you to make key selections round production
with extra certainty, and higher put together your
product for market.Applied manufacturing overhead is calculated byusing multiplying predetermined manufacturingOverhead rate with Actual units of basis used todetermined manufacturing overhead rate e.g
Machine hours, labor hours etc. If manufacturing
Overhead applied is greater than the actual
manufacturing overhead incurred during the
period then overhead is overapplied.
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