Tag: manufacturing
Quality Control Chart
Quality control charts are an important tool for ensuring the quality of your products or services. By creating and using a quality control chart,...
Variable Overhead Efficiency Variance
How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate?
There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...
Variable Overhead Spending Variance
What is a Variable Overhead Spending Variance
A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...
Variable Overhead
What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...
Working Capital
DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working...
Tankan Survey
What is 'Tankan Survey' An economic survey of Japanese business issued by the central Bank of Japan, which it then uses to...
Quality Control
What is 'Quality Control' Quality control is a process through which a business seeks to ensure that product quality is maintained or...
Manufacturing Resource Planning (MRP II)
What is 'Manufacturing Resource Planning - MRP II' Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses. Manufacturing...
Lame Duck
What is a lame duck
A lame duck, in finance, is a firm or individual that is no longer able to make sound financial decisions....
Target Firm
What is a 'Target Firm' A target firm is a company which is the subject of a merger or acquisition attempt. A...