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One driver: FFR = field failure rate.

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Example of cost driver?

cost driver examples


How much does personal hosting cost?

Personal hosting varies in cost depending on the customer's needs. Personal hosting can start as little as $1.99 a month for basic web set up and service.


An example of a cost center?

A cost center is a division of an organization or company that DOES NOT directly contribute to the company's profits. However, cost centers do have an indirect effect of profits. Examples would be a marketing department, customer service help desk, or research and development.


What does the term pay as you go mean?

Pay as you go means to cover the cost of an item or service as it is used. Such items or services do not use contracts. The customer pays before using the item or service, and can stop at any time.


What is the difference between traditional based costing and target costing?

Traditional Cost Accounting System: In this system company first produce the product and then determine the cost of production and then try to sell that product at price covering that cost plus certain percentage of markup on cost.Target Costing: In this system first of all company determines the value of product in the eyes of customer that is how much a customer is willing to pay for the product and then if cost of production of that product is more then the customer willing to pay then company makes analysis of how they can reduce the cost of production to the level of cost a customer willing to pay by reducing the components of product which is costing towards final price but not giving any value to customer and in this way company tries to acheive the target cost customer willing to pay.

Related Questions

Describe a situation in which you have improved the quality of customer service at your business?

Describe a situation in which you have improved the quality of customer service at your business? quality customer service and cost challenges


Where can I inquire anything about customer service management training?

What are the requirements for customer service management training? Is this available in the Philippines or only available in the United States of America only? How much will cost for this customer service management training?


How do you define customer service?

define what customer service define what customer service


How much does it cost to attend customer service training program?

While it usually depends on the college in question, most community colleges do offer customer service programs. The cost of it varies, but stays usually in the range of 3000$-9000$ for a full course.


What does the term 'transaction cost' mean in relation to economics?

The transaction cost means the price you pay for a certain item or service. This is the money that is transferred between customer and service provider.


Whose job is it to prepare a repair cost estimate for a customer?

Typically, it is the responsibility of a service technician or estimator to prepare a repair cost estimate for a customer. They assess the necessary repairs, parts, and labor involved, and then provide a detailed estimate based on their evaluation. In some businesses, a customer service representative may also be involved in communicating this estimate to the customer.


Who is Movex?

Movex (www.movex.com) is a low-cost alternative to full service moving. They provide a truck, the driver, and loading equipment. The customer is responsible for labor (loading and unloading). They provide services for individuals, military personnel and corporations nationwide.


What are CRM services and how much do they cost?

"A CRM service is a Customer Relationship Management service that collects data on customers, via a special software, and that data can help create customer specific offers that will help to generate sales. These services can cost millions of dollars."


What is the difference between good and excellent customer service?

Customer service is "Good" when the customer is "satisfied", and customer service is "Excellent" when the customer is "Delighted"


What is the cost of using the USPS tracking service?

There is no cost to use the USPS tracking service. It is a free service that is provided per each shipment, with each package having its own unique tracking number for the customer to use.


Where can I find a reliable service for renting a car with a driver"?

You can find a reliable service for renting a car with a driver by searching online for reputable car rental companies that offer chauffeur services. Look for customer reviews and ratings to ensure reliability.


What are the Customer service functions?

What is the customer service function, service strategy and service philosophy.?