Answer:
Mandates, Option B is not a part of 5Ms.
Explanation:
The cost of production is the total sum of money spent as the cost of the resources that went into making the final product. This cost can include different factors of production.
They would include labor (Man), capital (Money), Materials that are processed or assembles to make the final product, Machinery (which actually helps creating the product), Measurement or Method (Each product follows a process or a method for completion). These are the 5Ms of cost of production. So, the M that is not a part of this is Mandates, option B.
