The aim of the "Production and Cost Analysis and Estimation" course is to provide students with a comprehensive understanding of the production process, the cost structure of a firm, and the methods used to estimate costs and production functions.After the successful completion of the course, you will be able to: Understand the Classical Production Theory. Understand the Optimum Factor of Combinations. Understand the Price Elasticity of Supply. Understand the Short-run and Long-run Cost Theories. Understand the Break-even-analysis, Cost-Benefit analysis, Outscoring, and Cost. Understand the Learning curve, Product innovation, and Process Innovation Life-Cycle Model. This economics course focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their production costs to achieve maximum profitability. This course is an economics course that focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their costs of production to achieve maximum profitability. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Production and Cost Analysis & Estimation Self-paced pre-recorded learning content on this topic. Production And Cost Analysis And Estimation Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience. Business Analyst Financial Analyst Operations Manager Production Planner Cost Estimator Supply Chain Manager Management Consultant Economist Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
Here are three reasons not to let go of screen time: 1/ It’s expensive. 2/ You might find yourself doing things that you don’t enjoy 3/ It can no longer be used as a babysitting or bargaining tool. I’m sure there are many more reasons why parents decide to restrict screen use and find it one of the hardest things to relinquish control over when they move to unschooling. It was certainly one of the last things that we let go off. We didn’t really explore releasing limits until my eldest was 5 year’s old (I think) We had probably relaxed things before that because it was easy when I was exhausted from having a tiny baby, toddler and young child with me all day long. We would all sit/ lie down/ sleep together in the living room in the afternoon whilst the TV was on. It was definitely used as a ‘babysitting tool’ whilst I rested. Honestly, this was ten years ago. We didn’t actually own a TV at the time and accessed streaming services on line. The children watched ten minute long cartoons and they didn’t automatically run onto the next episode so I had to wake up every ten minutes to select the next one! How things have changed in ten years!! Not everything is bad about lifting screen restrictions but like most things it does take consideration. I wouldn’t advice doing it just because it’s the unschooling way. Especially if you feel uncomfortable with the idea. Take your time. Do your research. Find out what unschooling families are doing instead (because it isn’t simply a case of lifting restrictions and leaving our children to it) For every reason you find not to do it, there is an unschooling reason to do it. It can be expensive but it doesn’t have to be and we can see it as an investment in our children’s education. You might find yourself playing apps or watching TV shows that you find frustrating or find dull but we relish the joy that our children get from spending time doing the things that they love. It can no longer be used as a babysitting tool or bargaining tool but it will deepen your relationship with your child and you can find other ways to meet your needs that don’t disconnect you from your child. This webinar will give you practical steps towards lifting screen restrictions in your family and prepare your for the difference that it will make in your home and your child's learning. This webinar is FREE for LPL Monthly Members along with a back catalogue of Unschooling Webinars, live webinars every month, and discounts on coaching and mentoring services. Sign up for just £20 per month. Yes! I want to join the LPL Monthly Membership
Unschooling PDA children
Reporting to the LA when your child is in burnout
what does it cost to unschool?
This webinar explores the depths of the revolutionary idea of trusting your child, rumoured to be the hardest aspect of unschooling, but also the change that could dramatically improve the dynamics in your home and your child's learning capabilities.
You have deregistered your child and you know that unschooling is for you. But, what should you do first? Where do you start? And is it possible to reignite playful times in your child who has had less and less time to actually play since they began going to school? There are lots of things that you can do to move towards unschooling. This webinar concentrates on 5 steps to unschooling that will reconnect your child with their playful selves and provide a solid foundation for future learning. This webinar is FREE for LPL Monthly Members along with a back catalogue of Unschooling Webinars, 2 live webinars a month, and discounts on coaching and mentoring services. Sign up for just £20 per month. Yes! I want to join the LPL Monthly Membership
Reporting to the LA when your child is in burnout
Unschooling PDA children
It is common for unschooled, or Self Directed Learners, to learn to read anywhere between the age of 3 - 16 years old. How can you be sure that your child will learn to read and that unschooling reading works? This webinar will draw attention to the things that children do that are developing the skills and building the foundations that they need for them to learn to read. This will be done through using real life examples and stories from the unschooling community of real children who have learnt to read in their own time and in their own way. This webinar is FREE for LPL Monthly Members along with a back catalogue of Unschooling Webinars, 2 live webinars a month, and discounts on coaching and mentoring services. Sign up for just £20 per month. Yes! I want to join the LPL Monthly Membership