businesses are transforming labor into a more flexible (and variable) cost. Among such companies are Hewlett-Packard‚ General Electric‚ DuPont‚ Sun Microsystems‚ and British Airways. Discuss whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating direct labor as a variable cost? Are there ethical issues to be considered here? Direct labor can be classified as a fixed cost or a variable cost‚ depending on how flexible the employer needs to be/can be
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MEASURING THE COST OF LIVING Introduction • Few years after the independence of Tunisia‚ the income per capita was around 50 TD. Today‚ it is well over 5000 TD. • To compare the two figures‚ we need to find some way of turning dinar figures into meaningful measures of purchasing power. • That is exactly the job of a statistic called the consumer price index (CPI). • The CPI is used to monitor changes in the cost of living over time. When the CPI rises‚ the typical family has to spend more to maintain
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FRQ: Explain the ultimate defeat of the Plains Indians by whites. Select at least three major reasons for the decline of the Plains culture; then tell which you think was the most important and why. From the time that the Spanish reached the New World in 1492‚ European powers‚ and later on American‚ consistently tried to quash the native people‚ one way or another. Throughout the 1800s‚ and especially during the Gilded Age‚ the federal government’s attempts to confine the Native Americans to certain
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provide a service and sell their products to the customers. Tesco’s is a public limited company. A public limited company is when shares are bought publicly and you will not have to be invited to purchases. Since people purchase Tesco’s merchandise publicly they are classed as a public limited company. Tesco is in the tertiary sector in business. The tertiary sector is when a business provides a service to individuals or businesses. As Tesco provides a service to the customers and sell their products they
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that the company will only sell 25‚000 units during each of the next two quarters‚ Mr. Rosen wants to double his budgeted production for the second quarter from 25‚000 to 50‚000 units. We will look at Mr. Rosen’s decision and see how it affects his company’s bottom line by putting the figures from last quarter and the next quarter into an absorption income statement and a contribution margin statement. From this we will be able to see the differences in production costs from the two income statements
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variable The variable is the important aspects of the research. In research the concept are measure from variable. Variable are anythings that can take on differing or varing values. it mean that the value of variable vary from person to person‚ time to time or place to place but the meaning of variable are same to all. Thus variable are the charactestics of person‚ groups‚ objects‚ ideas‚ feeling or other thing that researcher want to measure. Variables are thus anything that can take on differing
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Test 1 Chapters 1 - 4 Question 1 2 out of 2 points Which of the following is the primary objective of demarketing? Selected Answer: Correct Answer: To dampen demand for products‚ especially those that create unwanted costs for society To dampen demand for products‚ especially those that create unwanted costs for society Response Demarketing is used to dampen demand for products‚ especially those that Feedback: create unwanted costs for society. This public service message
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concepts • Inventory management and cross functional areas using both qualitative and quantitative methods • Applications of computers in Materials Management Prescribed Textbook 1. Arnold‚ J.R. Tony & others‚ “Introduction to Materials Management”‚ Pearson Education‚ 6th Edition‚ 2007. Reference Books 1. Sunil Chopra & Peter Meindl‚ “Supply Chain Management: Strategy‚ Planning and Operation”‚ Pearson Education‚ Third Edition 2007. 2. Robert S. Russell‚ Bernard W.Taylor-II‚ “Operations
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Project Statement Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Sales | | 950‚000 | 1‚500‚000 | 1‚500‚000 | 1‚500‚000 | 1‚500‚000 | 1‚500‚000 | 1‚500‚000 | 1‚500‚000 | Direct Cost55% of sales(Sales * 55% = DC) | | 522‚500 | 825‚000 | 825‚000 | 825‚000 | 825‚000 | 825‚000 | 825‚000 | 825‚000 | Indirect Incremental Costs | | 80‚000 | 80‚000 | 80‚000 | 80‚000 | 80‚000 | 80‚000 | 80‚000 | 80‚000 | Depreciation(Plant Cost / Age) | | 200‚000 | 200‚000 | 200‚000 | 200‚000
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UNIVERSITY OF SOUTH AFRICA TOTAL QUALITY MANAGEMENT MODULE 1: CSTQ02J ASSIGNMENT 02 Unique Number: 394645 Prepared by: Godfrey P. Shale Student Number: 777-454-8 Date: 2012-10-01 UNIVERSITY OF SOUTH AFRICA 2.1 Strategic Decision A strategic decision is an overarching decision that is taken by the top-level management of an organisation that considers the whole environment in which the organisation operates and the resources that the organisation has‚ and it chooses the most
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