Final answer:
The logic used to calculate materials for production is founded on mathematical models that assess costs associated with materials, fabrication, operation, and maintenance in business and manufacturing. This involves normalization of costs for comparison and development of a manufacturing system that incorporates factors of production and supply chain mechanisms.
Step-by-step explanation:
The logic used to calculate the needed parts, components, and other materials needed to produce an end item is essential in industries, particularly within the realms of engineering and business management. In business and manufacturing, we rely on mathematical models and the factors of production—labor, materials, and machinery—to determine the resources required to produce goods and services.
As part of the design process, these components are meticulously analyzed. This involves assessing the science behind production techniques and estimating costs associated with materials, fabrication, operation, and maintenance. All these costs are then normalized to enable comparison on a uniform basis, like cost per thousand gallons of water in the case of production processes involving liquid goods.
These mathematical models serve as a crucial link, helping businesses predicate the financial viability of producing an item. As a design progresses to the stage of implementation, considerations must be made for the entire manufacturing system. Identifying appropriate suppliers, for instance, those offering motors and solar cells, establishing manufacturing facilities, and setting up sales and marketing teams are all part of this complex equation called manufacturing system development.
Ultimately, the aim is to ensure that every aspect of production is optimized to contribute to a smooth and cost-effective manufacturing process. This underscores the significance of having a robust understanding of the math connection in business and manufacturing to operate effectively in these spheres.