Q2 - 4M's Flashcards
What are the 4Ms?
Material
Machine
Manpower
Method
4Ms produces what?
output
It talks about the raw materials necessary in the production of a product?
Materials
There are two types of materials, what are those?
Direct and Indirect materials
These are directly related to the production of your product or the performance of the serving you are offering.
Direct materials
These are not directly related to the production of your product or the performance of the serving you are offering.
Indirect materials
It refers to the manufacturing equipment used in the production of goods or delivery of services.
Machine
It discusses the process or way of transforming raw materials to finished products.
Method
It is where the resources undergo
some stages before it is
finalized and becomes set
for delivery to the target
buyers.
Method
The method in a business is best represented by a ___?
Process flow chart
It talks about human labor force involved in the manufacturing.
Manpower
It is measured as the most serious and main factor of production
Manpower
What are the different types of workers?
Indirect and direct
___ are those whose primary jobs and functions are directly related to the production and operation of the business
Direct workers
___ whose primary jobs and functions are not directly related to the production and operation
Indirect workers
