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PPC in job Production
Job production includes manufacturing of products to meet particular customer requirements of special orders. The quantity included is usually small. Instances of job production are manufacture of large turbo generators, boilers, steam engines, processing equipment, material handling equipments, ship building etc,a. A small number or products produced only once.
b. A small number or products produced intermittently when the need arises.
c. A small number of products produced periodically at specified intervals of time.When the order is to executed only once, there is either scope for improvement of production techniques by introducing intricate method studies, special tools or jigs and fixtures unless the technical requirement justifies it. But if the order is to be repeated jigs and fixtures, tools as well as specially designed inspection gauges should be carefully considered to reduce the manufacturing cycle time.
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I need to find the schedule and cost variances for a project Actual cost at month 16 = $540,000 Scheduled cost = $523,000 Earned value = $535,000 Provided this information,
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