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Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He responded confidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.
Considering the candidate’s response, state whether his statement is true or false. 
  • a)
    True
  • b)
    False
Correct answer is option 'A'. Can you explain this answer?
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Amul Milk Pvt. Ltd. is conducting campus placement to hire new workfor...
Production Cycle: The production cycle is comprised of all activities related to the conversion of raw materials into finished goods. The cycle has several distinct components, involving the design of products, their incorporation into a production schedule, manufacturing activities, and a cost accounting feedback loop.
For example, the production cycle for the windows manufacturing enterprise would be much shorter, than for the automobile manufacturers.
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Community Answer
Amul Milk Pvt. Ltd. is conducting campus placement to hire new workfor...
"supply chain management."
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Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?.
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