total production cost of finished goods

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• cost of goods manufactured — manufacturing cost of finished goods The total production cost of the finished goods transferred from the production facility of an organization during an accounting period. It is made up of the total expenditure for the period on direct… …   Accounting dictionary

• cost of goods manufactured — manufacturing cost of finished goods The total production cost of the finished goods transferred from the production facility of an organization during an accounting period. It is made up of the total expenditure for the period on direct… …   Big dictionary of business and management

• Production leveling — Production leveling, also known as production smoothing or – by its Japanese original term – heijunka (平準化?),[1] is a technique for reducing the muda waste and vital to the development of production efficiency in the Toyota Production System and… …   Wikipedia

• Cost-Volume-Profit Analysis — Cost Volume profit (CVP), in managerial economics is a form of cost accounting. It is a simplified model, useful for elementary instruction and for short run decisions. Cost volume profit (CVP) analysis expands the use of information provided by… …   Wikipedia

• production management — or operations management Planning, implementation, and control of industrial production processes to ensure smooth and efficient operation. Production management techniques are used in both manufacturing and service industries. Production… …   Universalium

• production system — ▪ industrial engineering Introduction       any of the methods used in industry to create goods and services from various resources. Underlying principles       All production systems, when viewed at the most abstract level, might be said to be… …   Universalium

• production — In the context of project financing, a defined portion of the proceeds of production up to a dollar amount. Bloomberg Financial Dictionary * * * production pro‧duc‧tion [prəˈdʌkʆn] noun 1. [uncountable] MANUFACTURING the process of making or… …   Financial and business terms

• Cost-Push Inflation — A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials. Cost push inflation develops because the higher costs of production factors decreases in aggregate supply (the amount of… …   Investment dictionary

• mass production — the production or manufacture of goods in large quantities, esp. by machinery. [1915 20] * * * Application of the principles of specialization, division of labour, and standardization of parts to the manufacturing of goods on a large scale.… …   Universalium

• Factors of production — In economics, factors of production means inputs and finished goods means output. Input determines the quantity of output i.e. output depends upon input. Input is the starting point and output is the end point of production process and such input …   Wikipedia

• Mass production — This article is about large scale production. For the Iggy Pop piece, see The Idiot (album). For the American funk band, see Mass Production (band). Mass production (also flow production, repetitive flow production, series production, or serial… …   Wikipedia