What are three main types of budgets?

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.1 Learning Outcomes:
Apply knowledge and skills to optimize production objective of maximizing profits
using qualitative and quantitative techniques in related areas of operations
management.
Implement technological tools in production models like forecasting, lean
manufacturing and world class manufacturing (WCM) to enhance the productivity
and communication with other persons involving in operation and also to review their
contribution to the profit.
2 Action Required:

3 Test your Knowledge (Question):
Q. What are three main types of budgets?

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