CHAPTER 2: PRESENT ECONOMY Flashcards by MARAVILLA, KARL GIBRAN A | Brainscape

Q

It involves analysis of problems for manufacturing product or rendering service based on present or intermediate costs.

A

PRESENT ECONOMY

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Q

Present economy occurs in 7 situations. Enumerate those.

A

Selection of Material
Selection of Method
Selection of Design
Site Selection
Comparison of Proficiency of Workers
Economy of Tool and Equipment Maintenance
Economy in the Utilization of Personnel

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