Cost control involves setting yourself a budget on what you have to spend or can afford to spend and making sure you stick to only spending what you've budgeted.
carrying cost, ordering cost or setup cost are major cost involved in inventory
Cost control involves setting yourself a budget on what you have to spend or can afford to spend and making sure you stick to only spending what you've budgeted.
Food cost control refers to the measures that are put in place to control the prices of food.
Importance of cost control in project management?
A reverberating circuit is involved in the control of rhythmic activities such as breathing.
Rent, employee cost and taxes.
Ordering cost carrying cost shortage cost
Yes
Project cost control is comparing the actual project cost against planned project cost.
There are two type of costing are involved in a product or service. ie Direct cost and Indirect cost. In this two head there are two sub type costing are involved. ie Varriable cost and Fixed cost. Here the the total varriable cost are involved in a product of cost is called marginal costing. In another way the totoal cost -fixed cost is called marginal costing By M.Magesh 099948 33079
There are numerous challenges that are faced by managers in the process of project cost control. It is hard to ascertain the exact quantity and cost of the entire project and cost control becomes quite a task.
There are two type of costing are involved in a product or service. ie Direct cost and Indirect cost. In this two head there are two sub type costing are involved. ie Varriable cost and Fixed cost. Here the the total varriable cost are involved in a product of cost is called marginal costing. In another way the totoal cost -fixed cost is called marginal costing By M.Magesh 099948 33079