Cost context induction, Business Management

Assignment Help:

Cost Context Induction : Good maintenance management is important for the company cost control. As companies go in for automation to become more competitive they increasingly rely on equipments to produce a greater percentage of their output. It becomes more important that equipments operate reliably within specifications. The cost of idle time is higher as equipment becomes more high tech and expensive e, g, NC/ CNC machines and robots.

Organization Depend Upon their Equipment : Organizations like airlines and oil refineries have huge investments in the equipment. Equipment failure will be disastrous for such companies. They need proper maintenance to keep the equipment and robots.


Related Discussions:- Cost context induction

Discuss the qualities and attributes of an ethical leader, Question : C...

Question : Contemporary corporate governance requires ethical leadership. (a) Show the qualities and attributes of an ethical leader. (b) It is now advocated that corpora

Categories of ratios for financial position and performance, What are categ...

What are categories of ratios for financial position and performance? Usually, there are four main categories of ratios every attempting to measure the financial position and p

Production of management, why an organization should respond to emerging is...

why an organization should respond to emerging issues in order to remain competitive

Define the value addition for an entrepreneur, Define the value addition fo...

Define the value addition for an entrepreneur. Value Addition: They do not obey the conventional rules of thumb. Entrepreneurs have a constant wish to introduce somethin

Recent macro developments, In 2006, European economy performed well with an...

In 2006, European economy performed well with an economic growth of 3%, which was the highest since 2000. This is a sign that the economy is on the road to recovery and in fact mos

COMMERCIAL LAW, 10. State Z’s automobile manufacturing industry is one of t...

10. State Z’s automobile manufacturing industry is one of the largest and most highly regarded in the world. The industry is concerned that it may lose some of its domestic market

Development of an environment management system, Question 1: (a) Briefl...

Question 1: (a) Briefly describe the Environment Impact Assessment Committee and its functions (b) What do you understand by the term 'environmental sustainability' (c) List a

Explain the functions of the financial services commission, QUESTION (a...

QUESTION (a) Mr. Bob is the director of ABC Co. Ltd, a shoe making company. Mr. Bob wants to change the business activities of the company to carry out leasing activities. He s

Your own business strategy, how would i analyze my company product for six ...

how would i analyze my company product for six semester

Improve business processes, Discuss why has direct marketing continued to g...

Discuss why has direct marketing continued to grow? Using Internet technology to improve business processes • Discuss how this technology can unlock new business opportunities •

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd