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A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.
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What is the difference between subsistance production and surplus production?
the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
Is economic profit a cost of production?
Economic profits are not costs of production since the entrepreneur does not require the gaining of an economic profit to keep the firm operating. In economics, costs are whatever is required to keep a firm operating.
What is the difference between crop yield and crop production?
yield is per area, production is total (at least according to FAO)
Is it true if value added is the difference between the value of goods as they leave a stage of production and cost of the goods as they entered that stage of production?
true
Difference between sales plan and sales forecast?
A sales plan and a sales forecast are essentially the same, however the big difference is one is a set plan for the whole year. It is mostly used with larger corporations to single out units. A sales forecast is set at the store/branch level and is there to help with the changing situations (ie weather, natural disasters, and the such) A plan is what you are going to do and a forecast is what you think is going to happen. There should be a link between the two, but you may not have the capacity to make all that you could sell.
True or false a change in inventories is production minus sales?
False. A change in inventories is the difference between the ending inventory and the beginning inventory, not production minus sales.
What is a major distinction between the production era and the sales era in the history or marketing?
The production era was a time of mass production of products for sale. The sales era was the buying of products. The difference between the two was the economics of each era.
Difference between line and staff function?
The primary difference between line function and staff function is accountability. Line functions are typically used for sales and production, while staff functions are used in production planning and marketing.
What is the difference between the sales objectives and communication objectives?
difference between sales objectives and commuicatio objectives?
What is the difference between sales and production forecasts?
A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.
'What is the difference between sales forecast and sales quota?
what is sales forecast
What is the difference between sales executive and sales officer?
The difference between a sales executive and sales officer will depend upon the company. Most times, a sales executive will have a higher position than a sales officer.
What is the difference between a sales man and a sales woman?
boobs
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
Difference between operation management and production management with examples?
the difference between production management and operation management?
What are the difference between a sales representative and a sales executivein Singapore market are there the same job responsibilities?
no difference
What is the difference between sales price and variable costs?
Sales price is the price at which unit of product is sold while variable cost is that cost of unit which in manfuacturing process varies with change in level of production directly.
