Production
Some businesses will actually have to produce a product. This will involve careful planning to ensure the best use is made of the inputs. They will need to answer the following questions if production or
assembly is to be smooth and efficient:
- What types and quantities of
raw materials and components will be needed?
- Where will they be purchased, and how ill they be transported?
- How will the materials be stored?
- What machinery and equipment will be needed?
- How many employees will be required to carry out and manage the production process?
- What skills will the workers need?
- How will the product be packaged?
- How many units need to be produced?
Only when these questions have been answered can the production
process go ahead.