Question 1. A successful sales plan is the key to a full and successful budget. What should budgeters do create a better sales plan? How does a company improve its sales position?
Question 2. The production manager has the primary responsibility of producing the good (and service) that are require to meet the sales plan. There are numerous issues that need to be considered and planned to make sure that production runs smoothly. Please discuss these challenges and issues that must handled by the production manager.
Question 3. The production manager must have and manage three different types of inventories. These inventories are needed to meet the production requirements. Inventories also present many challenges and issues. Please discuss these challenges and issues with regards to inventories and inventory control.
Question 4. One of the decisions that must be made regarding inventories and production is the decision to use either parts or direct materials in the production process. Please discuss the pros and cons of using either parts in your manufacturing process vs. using raw materials.