cost of production
31cost unit — noun : a unit of a commodity or service selected as the appropriate unit for cost purposes * * * a quantity or unit of a product or service whose cost is computed, used as a standard for comparison with other costs. * * * cost unit, an amount… …
32Production Efficiency — 1. An economic level at which the economy can no longer produce additional amounts of a good without lowering the production level of another product. This will happen when an economy is operating along its production possibility frontier. 2. The …
33cost-plus — /kawst plus , kost /, adj. 1. paid or providing for payment based on the cost of production plus an agreed upon fee or rate of profit, as certain government contracts. 2. of or pertaining to a cost plus arrangement or contract. [1915 20] * * * …
34cost plus — /kɒst plʌs/ noun a system of calculating a price, by taking the cost of production of goods or services and adding a percentage to cover the supplier’s overheads and margin ● We are charging for the work on a cost plus basis …
35cost plus — /kɒst plʌs/ noun a system of calculating a price, by taking the cost of production of goods or services and adding a percentage to cover the supplier’s overheads and margin ● We are charging for the work on a cost plus basis …
36cost-plus contract — A contract in which the selling price is based on the total cost of production plus a fixed percentage or fixed amount. Bloomberg Financial Dictionary …
37cost price — /ˈkɒst praɪs / (say kost pruys) noun 1. the price at which a merchant buys goods for resale. 2. the cost of production …
38cost-plus — /kɒst ˈplʌs / (say kost plus) noun the cost of production plus an agreed rate of profit (often used as a basis of payment in government contracts) …
39production — See cost of production …
40Production leveling — Production leveling, also known as production smoothing or – by its Japanese original term – heijunka (平準化?),[1] is a technique for reducing the muda waste and vital to the development of production efficiency in the Toyota Production System and… …
