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Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.?
Most Upvoted Answer
Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at...
No the production manager is effective because he is unable to make effect on his team so that he is unable to achieve his target at the same as he s efficient.
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Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at...
Analysis of Production Manager's Effectiveness
Production Cost Comparison:
- The target is to produce 10,000 shirts per month at a cost of ?150 per shirt.
- The production manager achieves this target at a cost of ?160 per shirt.
Evaluation of Production Manager's Performance
Effectiveness of the Production Manager:
- The production manager is not effective in terms of cost management as the cost per shirt is higher than the target cost.
- The production manager is not able to meet the target cost of ?150 per shirt, which indicates inefficiency in cost control.
- The increase in cost per shirt from the target cost of ?150 to ?160 can impact the overall profitability of the company.
- The production manager needs to find ways to reduce the cost per shirt to meet the target cost and improve the overall efficiency of the production process.
Recommendations for Improvement:
- The production manager should analyze the production process to identify areas where cost savings can be made.
- Implementing cost-saving measures such as optimizing production processes, negotiating better prices with suppliers, and reducing wastage can help lower the cost per shirt.
- The production manager should work closely with the finance department to develop a cost-effective production plan that aligns with the company's financial goals.
- Regular monitoring of production costs and performance metrics can help the production manager track progress and make adjustments as needed to improve efficiency and meet cost targets.
In conclusion, while the production manager is able to achieve the production target of 10,000 shirts per month, there is a need for improvement in cost management to ensure the company's profitability and long-term success.
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Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.?
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Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.?.
Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.?.
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