Question

Which of the following process steps are included in the basic production process using a make to stock strategy?

a) request production
b) create purchase
c) requisition receive
d) finished goods locate
e) materials issue
f) materials receive payment

Answer 1

The basic production process using a make to stock strategy includes the steps of request production, materials issue, and finished goods locate. The correct answer is e) materials issue.

Step-by-step explanation:

The basic production process using a make to stock strategy includes the following process steps:

1. Request production: This is the step where the production request is made based on the demand forecast.
2. Materials issue: This step involves issuing the required materials from the inventory for production.
3. Finished goods locate: Once the production is complete, the finished goods are located and prepared for storage or distribution.

The inputs (or factors of production) in the production process for pizza include several categories of resources that a pizzaiolo, or pizza maker, uses to create a finished pizza.

These factors of production can be broadly classified into labor, capital, and raw materials. Specifically, the labor input is the effort exerted by the pizzaiolo in kneading the dough, making the sauce, and assembling the pizza.