an estimated amount based on labor hours, machine hours, or some other activity.
because can a product
while deciding whether to make the product or to buy from external market, the following points should be kept in mind: 1.) if there is a surplus capacity & the co. still decides to buy the component, he may require to sell a part of plant & machinery, so that the co. can enjoy capital gainns tax benefit. 2.) if new industrial undertaking is to be establish to manufacture the product/component, the co. can see the conditions specified u/s 80IA/80IB, & can claim deduction of the income of the undertaking. 3.) if to manufacture the product/component, new machinery is required, the cost of machinery is not deductible but the can claim the benefit of depreciation.
Direct material is a product cost because without material no product can be produce and it has direct relation with production of goods.
Indirect labor is considered a period cost because it can't be traced by to the product. If a cost can be traced back to a product, then it is considered a product cost.
Corporate liquidity may be declining because revenues are declining. If a company isn't selling enough product, then they will likely borrow money, which reduces liquidity.
Programmable automation is less flexible than flexible automation when it comes to producing variety product. Programmable automation need to reprogram when new kind of product need to be produce, while flexible automation don't. The system with programmable automation must undergo physical setup, such as tools must be loaded, machine setting need to be entered and feature must be attached to the machine table. While system under flexible automation can product multiple kind of product at the same time without physical setup.
Flexible automation ;You have to consider it when you need low production rate, varying in demand and shot product cycle. As you see the difference between these two automation's name Flexible automation has flexibility to deal with design variations.Fixed automation ;In the opposite of Flexible automation should be consider when you have high demand volume and long product cycles.The product unit of fixed automation is more cheaper than the one which made in flexible manufacturing system.
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projuktiponno
Flexible automation ; You have to consider it when you need low production rate, varying in demand and shot product cycle. As you see the difference between these two automation's name Flexible automation has flexibility to deal with design variations. Fixed automation ; In the opposite of Flexible automation should be consider when you have high demand volume and long product cycles. The product unit of fixed automation is more cheaper than the one which made in flexible manufacturing system.
The final, or third, level of the product is the augmented component. The augmented component includes additional services and benefits that surround the first two levels of the product.
The final, or third, level of the product is the augmented component. The augmented component includes additional services and benefits that surround the first two levels of the product.
Starting a new cycle for a declining product or service.
lowered
They decided to discontinue the product due to declining sales.
hard automation is fixed, suitable for large volumes of production, is used to manufacture only 1 kind of product, has less flexibility, initial capital required is high soft automation is flexible, suitable for small volumes of production, can be used to manufacture more than 1 kind of product, more flexible, intial cpital required is less