station activity #1 10/27 Flashcards by Daniel Berhe | Brainscape

Q

Labor Rate Variance (LRV)

A

AH(AR-SR)

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Q

Return on Investment (ROI) =

A

NOI / AoA

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Q

Residual Income (RI) =

A

NOI – (Avg. Operating Assets x Minimum ROI %)

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Q

Materials Quantity Variance (MQV) =

A

SP(AQ-SQ)

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Q

. Materials Price Variance (MPV) =

A

AQ(AP-SP)

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Q

Throughput Time

A

Processing + Inspection + Move + Queue

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Q

Variable MOH Rate Variance (VMRV)

A

AH(AR-SR)

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Q

Labor Efficiency Variance (LEV) =

A

SR(AH-SH)

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