Gage Repeatability and Reproducibility (Gage R&R) is the amount of measurement variation introduced by a system of measurement that consists of a measuring instrument itself and the individuals using it. It quantifies three things: 1. Repeatability – variation from the measurement instrument 2. Reproducibility – variation from the individuals using the instrument 3. Overall Gage R&R‚ which is the combined effect of both of the above The Gage R&R is normally expressed as a percentage of the tolerance
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selecting strategies that yield a long-term competitive advantage. 2. Depreciation is an allocation of a sunk cost. This cost is a past cost and will never differ across alternatives. 3. The salary of the supervisor of an assembly line with excess capacity is an example of an irrelevant future cost for an accept-or-reject decision. 4. Past costs can be used to help predict future costs. 5. Yes. Suppose‚ for example‚ that sufficient materials are on hand for producing a part for two years.
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INTRODUCTION “Heroism is endurance for one moment more.” This quote by George F. Kennan describes a key character in the book Sold‚ created by Patricia McCormick. The character I’m referring to is Lakmishi‚ our protagonist in Patricia McCormick’s book Sold‚ and she goes through very traumatizing experiences but lives up to her endurance. She is a 13 year old girl who is sold into prostitution in an abusive patriarchal society who is dehumanized in many terrible ways. Lakamashi teaches the reader
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1. J & L should hedge only some of its exposures to diesel fuel. Although there are several financial instruments available for J & L to hedge against the risk of rising diesel fuel prices‚ these instruments still have their own downsides and possibly their own risks. For example‚ the future contracts from NYMEX seems like an effective hedging strategy for J &L‚ but there are some difficulties in terms of using futures from NYMEX to hedge against the diesel prices. NYMEX does not trade
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CS Professional Programme Tax Notes Prepared by: CA R Giridharan FCA Collected by: Santhosh Thomas Thaikkadan Tax Management Tax Management is essential‚ Tax planning is desirable and Tax evasion is objectionable. Elaborate. Tax Planning Tax Management Tax Evasion Tax planning is to avail Tax management refers to Tax evasion refers to ways maximum benefit deductions‚ rebates of the steps taken to ensure and means adopted by a exemptions‚ compliance
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| | | |Assignment : Managing Cost and making financial interpretations for decision | |
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Malaysian Technical Universities International Conference on Engineering & Technology (MUiCET 2011) Identifying Construction Resource Factors Affecting Construction Cost: Case of Johor Aftab Hameed Memon*‚ Ismail Abdul Rahman‚ Ade Asmi Abdul Aziz‚ Kumarason V. Ravish‚ and Noor Ikmalah Mohammad Hanas Faculty of Civil and Environmental Engineering‚ Universiti Tun Hussein Onn Malaysia‚ 86400 Parit Raja‚ Batu Pahat‚ Johor‚ Malaysia *Corresponding e-mail: aftabm78@hotmail.com Abstract The
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Introduction 6 Discussion on The Concept of Quality Cost in Adidas 6 Prevention Cost 6 Six Sigma 6 Deming’s 14 Points 6 Conclusion 6 References 6 Introduction In the following essay‚ I will write about Adidas Company and will describe the relationship among its various quality costs which are failure costs‚ internal failure costs‚ external failure costs‚ appraisal costs and prevention costs. In addition‚ I will analyze the efforts the company should focus on to further improve the quality of
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THE COST AND SALES CONCEPT Cost is defined as a reduction in the value of an asset for the purpose of securing benefit or gain. Cost is defined in a hotel and restaurant as the expense to a hotel or restaurant for goods or services when the goods are consumed or the services are rendered. KINDS OF COSTS 1. Fixed costs – are those that are normally unaffected by changes in sales volume. They are said to have little direct relationship to the business volume because they do not change
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into America. It reinforced the gap between low and high art to eradicate the distinction between commercial and fine art methods. This movement opposed to abstract style because of its nature and culture. In the movie of “The Greatest Movie Ever sold” made by Morgan Spurlock‚ discussed the road it took the producer to make this film to be published to the public. The producer
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