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Q.1) Which products are manufacture by the cermet resistronic pvt ltd?
Q.2) which types of worker do you required in cermet resistronic pvt ltd?
Answer
The NRF Standard Color and Size Codes give retailers, vendors and manufacturers a common
language for product color and size identification for EDI purposes that supplements the
information conveyed by UPC codes.
For products that have a color and/or size, an NRF Color Code and/or an NRF Size Code are
required Minimum Data Elements for implementation of the EDI Price Sales Catalog
Transaction Set (832). Visit the GS1 website to learn more about EDI.
In addition to cost savings related to improved inventory management, fewer errors due to
manual entry and reduced time for new item set up and maintenance, use of the codes allows
retailers and their vendor partners to do automated analysis for sales trends by sizes and colors,
and helps guide merchandise assortment planning.
This helps ensure that the right merchandise is in the right place at the right time, benefiting not
just retailers and vendors, but consumers, too.
Q.4) what different process are followed in manufacturing the different products in
cermet resistronic pvt ltd?
Q.5) how do you calculate the input and output of each process of cermet
resistronic pvt ltd?
Q.6) how do you calculate normal loss abnormal gain and abnormal loss for
different processes in manufacturing different product by your company cermer
resistronic pvt ltd?
Q7) which method of process costing used in cermet resistronic pvt ltd?
Q.8) what is your future plan for expansion of business of cermet resistronic pvt
ltd?
Q.9) how process costing help cermet resistronic pvt ltd to minimise the abnormal
wastage of material, labour and overheads?
Q.10) how process costing helps cermer resistronic pvt ltd to increase the
profitability of the company?
Q.11) what is profitability scenario of the company cermet resistronic pvt ltd?
Q.12) why did you think process costing is an effective method in manufacturing
company like yours cermet resistronic pvt ltd?
3. Types of Production Processes Process Production / Flow Production Mass Production Process
When is it used: When is it used: Advantage: Advantages: Dedicated plant and
Standardization of product Higher rate of production Standardization of product with reduced
cycle time. equipment with zero and process sequence and process sequence flexibility
Dedicated special purpose Higher capacity utilization Higher rate of production due to line
balancing Material handling is fully with reduced cycle time. machines having high automated.
production capacities and Less skilled operators are Highest capacity utilization output rates
required. Process follows a due to line balancing predetermined sequence of Large volume of
products Low process inventory operations Manpower is not required for material handling.
Shorter cycle time Manufacturing cost per unit is Component material cannot Lower in
process inventory low. be readily identified with final Persons with limited skills can product
be used for production Balanced production lines Limitations process. Material and parts
flow is Break-down of one machine Planning and scheduling is a continuous without back-
may stop entire production routine action Unit cost is low due to high volume of production .
tracking line. Product differentiation is Production planning and Line layout needs major
limited. control is easy changes with changes in Involves high initial Material handling can
be product design. investments. completely automatic Higher investment in production
facilities. Intermitted Production Process Job Shop Production Process In this type of
production process The volume of each product is low. Job 1 Job 2 Generally produces
make-to-order, custom products in accordance with design supplied by the customer. Each job
may be unique and may require a special set of production steps. Further, each job may require
a particular routing. Job 4 Job 3 There are no standard routings. Products may follow
different paths. Needs general-purpose production equipment Job Shop Production Process Job
Shop Production Process Job shop production process are used in When is it used:
Advantages: High variety of products with A large variety of products woodworking shops,
low volume can be produced with the Use of general purpose general purpose machines
metal fabrication shops, etc. machines and facilities Operators become more Highly Skilled
Operators who skilled and competent with May require an inventory of a few type of the take
up each job as a each job raw materials. challenge Full potential of operators can Large
inventory of materials, be utilized BUT, here the largest percentage of the tools and parts
Opportunity exists for Detailed planning is essential creative methods and inventory is Work in
Process (WIP). for sequencing of each innovative ideas. product Capacities for each
Limitations: Work in Process is the inventory that work centers and order priority Production
planning is accumulates in between process stages. complicated Larger space
requirement.Anupam Kumar 3