Capacity decisions abound in the business world, and balancing various capacities reflects how a company approaches business. Production capacity deals with output and how a manufacturer balances raw ...

Discover the differences between fixed and variable costs and how they impact production costs. Learn to analyze these costs ...

If your business is built around the creation of a product, managing the manufacture of that item dictates the degree of success your business enjoys. Understanding a variety of production management ...

One little-discussed reason for the spate of improved corporate earnings is that production costs in the U.S. are trending downward. Though some businessmen still find themselves in a wage-price ...

Important, though seldom discussed, is the manufacturing ratio between a day’s pay and a day’s work. Last week Gerard Swope, president of General Electric Co., discussed piecework versus timework ...