What Is Manufacturing Production?
Manufacturing production refers to the methodology of how to most efficiently manufacture and produce goods for sale, beyond just a bill of materials. Three common types of manufacturing production processes are: make to stock (MTS), make to order (MTO), and make to assemble (MTA). Such strategies have advantages and disadvantages in labor costs, inventory control, overhead, customization, and the speed of production and filling orders.
- Manufacturing production refers to the strategies companies use to manufacture and produce goods for sale.
- Many variables impact manufacturing production, such as the availability of raw materials,