UNIT 4 Flashcards

1
Q

LABOUR PRODUCTIVITY

A

TOTAL OUTPUT / NUMBER OF EMPLOYEES

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2
Q

UNIT COSTS

A

TOTAL COST / TOTAL OUTPUT

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3
Q

CAPACTIY UTILISATION

A

(EXISITNG OUTPUT / MAX POSS. OUTPUT) X 100

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4
Q

RE-ORDER LEVEL

A

LEAD TIME (in days or average weekly usage) X AVERAGE DAILY USAGE + BUFFER STOCK

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