Tag: Production

Will Smith’s Production Pulls Film Out of Georgia, Citing Voting Laws

Will Smith and the director Antoine Fuqua said on Monday that they were pulling their upcoming film production “Emancipation” out of Georgia because of the state’s new voting law, which has been denounced by activists as an effort to make voting harder for the state’s Black population.

The slavery-era drama, which is being produced and financed by Apple Studios, is the first major production to cite the law as a reason to leave the state, which offers generous tax incentives to Hollywood productions and has become a major hub for Marvel Studios, Netflix and other industry heavyweights.

“At this

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GM and Ford cutting production at several plants due to chip shortage

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019.

Harrison McClary | Reuters

DETROIT – General Motors and Ford Motor are temporarily idling or extending shutdowns at several plants in North America due to an ongoing semiconductor chip shortage impacting the global automotive industry.

For GM, the temporary plant closures range from a week or two to several additional weeks for plants that have already been idled due to the parts disruption. GM also will restart production Monday of midsize pickups after a two-week

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Production Possibility Frontier (PPF) Definition

What Is the Production Possibility Frontier (PPF)?

In business analysis, the production possibility frontier (PPF) is a curve that illustrates the variations in the amounts that can be produced of two products if both depend upon the same finite resource for their manufacture.

PPF also plays a crucial role in economics. It can be used to demonstrate the point that any nation’s economy reaches its greatest level of efficiency when it produces only what it is best qualified to produce and trades with other nations for the rest of what it needs.

The PPF is also referred to as the

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Operations: Methods of Production (Overview)

The various methods of production are not associated with a particular volume of production. Similarly, several methods may be used at different stages of the overall production process.

Job Method

With Job production, the complete task is handled by a single worker or group of workers. Jobs can be small-scale/low technology as well as complex/high technology.

Low technology jobs: here the organisation of production is extremely simply, with the required skills and equipment easily obtainable. This method enables customer’s specific requirements to be included, often as the job progresses. Examples include: hairdressers; tailoring

High technology

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Production Management: Definition and Solution

What is Operations Management?

Operations management is pretty similar to production management, but is the day-to-day running of the business, ensuring operations and production within the business are carried out efficiently and smoothly. This also includes handling administrative, factory-level, and service management.

The focus point of your operations management is the customer. If the customer is satisfied, then you’re heading in the right direction.

However, how you handle your resources is also the function of operations management, since you want to be improving customer satisfaction with the least amount of wastage with the maximum utilization of resources.

But what are

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