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What ratio sHows an organization's effectiveness in minimizing production costs?
Wiki User
∙ 13y ago
efficiency ratio
Wiki User
∙ 13y ago
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What benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What cost benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
Maximizing benefits and minimizing costs?
Lay offs / downsizing of staff personal budgeting
Cost benefit analysis is a process that invloves whcih of the following?
Maximizing benefits and minimizing costs.
What of the following is the most direct cause of cost push inflation?
Rising production costs.
Which ratio shows an organizations effectiveness in minimizing production costs?
There are two measures of production costs: total costs and marginal costs. The relevant ratio depends on which of these is being minimised.
What do cost accounting systems track?
These allow organizations to track the costs associated with production of goods and performance of services.
What are production costs?
Production costs are costs to produce
What benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What cost benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What Cost-benefit analysis is a process that involves?
Maximizing benefits and minimizing costs
What things do variable costs include?
Variable costs vary depending on a company's production. Production, or output, and costs are included in variable costs. Production and costs are directly related.
Maximizing benefits and minimizing costs?
Lay offs / downsizing of staff personal budgeting
Cost benefit analysis is a process that invloves whcih of the following?
Maximizing benefits and minimizing costs.
How is advertising costs measured?
it is important to calculate costs and measure media effectiveness to best reach audience.
What is an example of lower production costs brought about by the use of technology?
what is an example of lower production costs brought about by technology
Why is it important to minimize inventory in a Just-in-Time system?
By taking a JIT approach to inventory and product handling, companies can often cut costs significantly. Inventory costs contribute heavily to the company expenses, especially in manufacturing organizations. By minimizing the amount of inventory you hold, you save space, free up cash resources, and reduce the waste that comes from obsolescence.
