Manufacturing Production What is 'Manufacturing Production' Manufacturing production is the creation and assembly of components and finished products for sale. Three common types of manufa

Management And Employee Buyout (MEBO) What is 'Management And Employee Buyout - MEBO' A restructuring initiative that involves both managerial and non-managerial employees buying out a fir

Make A Market What is 'Make A Market' An action whereby a dealer stands by ready, willing and able to buy or sell a particular security at the quoted bid and ask price. Explaining 'Make

Make To Stock (MTS) What does 'Make To Stock - MTS' mean Make to stock (MTS) is a traditional production strategy that is used by businesses to match production and inventory with consumer

DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just the costs of materials and labour

Absorbed Cost What is 'Absorbed Cost' The indirect costs that are associated with manufacturing. Absorbed costs include such expenses as insurance, or property taxes for the building in wh

Razor-Razorblade Model What is the 'Razor-Razorblade Model' The razor-razorblade model is a business tactic involving the sale of dependent goods for different prices - one good is sold at

Sales Mix What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to total sales. Sales mix is important, because some pr

Sales Mix Variance What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales mix that the firm sells to customers.

Same-Day Substitution What is 'Same-Day Substitution' An offsetting change in a margin account, made over the trading day, that results in no overall change in the value of the account. Wh