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    5-Technical Analysis

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    prashant1889
    The document discusses key considerations for manufacturing processes and technology selection including choice of technology, materials and utilities, product mix, and plant capacity. The choice of technology depends on factors like plant capacity, principal inputs, investment costs, compatibility with other units, product mix, latest developments, and ease of adoption. Materials are divided into raw materials, processed components, auxiliary supplies, and utilities. Product mix is guided by market requirements while allowing some flexibility. Plant capacity refers to the feasible and maximum output and depends on technology, inputs, market conditions, company resources, and policy.

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    5-Technical Analysis

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    prashant1889
    18 views4 pages
    The document discusses key considerations for manufacturing processes and technology selection including choice of technology, materials and utilities, product mix, and plant capacity. The choice of technology depends on factors like plant capacity, principal inputs, investment costs, compatibility with other units, product mix, latest developments, and ease of adoption. Materials are divided into raw materials, processed components, auxiliary supplies, and utilities. Product mix is guided by market requirements while allowing some flexibility. Plant capacity refers to the feasible and maximum output and depends on technology, inputs, market conditions, company resources, and policy.

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    Project management

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    The document discusses key considerations for manufacturing processes and technology selection including choice of technology, materials and utilities, product mix, and plant capacity. The choice of technology depends on factors like plant capacity, principal inputs, investment costs, compatibility with other units, product mix, latest developments, and ease of adoption. Materials are divided into raw materials, processed components, auxiliary supplies, and utilities. Product mix is guided by market requirements while allowing some flexibility. Plant capacity refers to the feasible and maximum output and depends on technology, inputs, market conditions, company resources, and policy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    18 views4 pages

    5-Technical Analysis

    Uploaded by

    prashant1889
    The document discusses key considerations for manufacturing processes and technology selection including choice of technology, materials and utilities, product mix, and plant capacity. The choice of technology depends on factors like plant capacity, principal inputs, investment costs, compatibility with other units, product mix, latest developments, and ease of adoption. Materials are divided into raw materials, processed components, auxiliary supplies, and utilities. Product mix is guided by market requirements while allowing some flexibility. Plant capacity refers to the feasible and maximum output and depends on technology, inputs, market conditions, company resources, and policy.

    Copyright:

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    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
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    Manufacturing Process/Technology

    For manufacturing a product / service often two or more alternative technologies are available . The choice of technology is influenced by a variety of considerations:

    Choice of Technology
    The choice of technology is influenced by a variety of considerations Plant capacity Principal inputs Investment outlay and production cost Use by other units Product mix

    Latest developments

    Ease of absorption

    Material Inputs and Utilities


    An important aspect of technical analysis is concerned with defining the materials and utilities required, specifying their properties in some detail, and setting up their supply programme.

    Materials and utilities may be classified into four broad categories:


    Raw materials Processed industrial materials and components Auxiliary materials and factory supplies Utilities

    Product Mix

    The choice of product mix is guided by market requirements. In the production of most of the items, variations in size and quality are aimed at satisfying a broad range of customers.

    While planning the production facilities of the firm, some flexibility with respect to the product mix must be sought.

    Plant Capacity

    Plant capacity (also referred to as production capacity) refers to the volume or number of units that can be manufactured during a given period. Plant capacity may be defined in two ways: feasible normal capacity and nominal maximum capacity. Several factors have a bearing on the capacity decision:

    Technological requirement Input constraints

    Market conditions
    Resources of the firm Governmental policy

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