scrap cost

  • 1Cost of poor quality — (COPQ) or poor quality costs (PQC), are defined as costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor Quality Costs.[1] COPQ is a… …

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  • 2scrap — ▪ I. scrap scrap 1 [skræp] noun [uncountable] materials or objects that can no longer be used for the purpose they were made for, but that can be used again in another way: • The car was eventually sold for scrap. • Scrap metal can be recycled. • …

    Financial and business terms

  • 3Scrap Value — The worth of a physical asset s individual components when the asset itself is deemed no longer usable. The individual components, known as scrap, are worth something if they can be put to other uses. Sometimes scrap materials can be used as is;… …

    Investment dictionary

  • 4cost of quality — The total costs of ensuring good quality or rectifying poor quality. Ultimately, by improving quality managers will reduce costs and improve profits. Four categories of costs are useful for this analysis: • prevention costs. These are the costs… …

    Accounting dictionary

  • 5cost of quality — The total costs of ensuring good quality or rectifying poor quality. Ultimately, by improving quality managers will reduce costs and improve profits. Four categories of costs are useful for this analysis: • prevention costs. These are the costs… …

    Big dictionary of business and management

  • 6United States v. SCRAP — SCOTUSCase Litigants=United States v. Students Challenging Regulatory Agency Procedures (SCRAP) ArgueDate=February 28 ArgueYear=1973 DecideDate=June 18 DecideYear=1973 FullName= USVol=412 USPage=669 Citation= L. Ed. 2d ; U.S. LEXIS ; A.L.R. Prior …

    Wikipedia

  • 7Direct materials cost — is the cost of direct materials which can be easily identified with the unit of production. For example, the cost of glass is a direct materials cost in light bulb manufacturing[1]. The manufacture of products or goods required material as the… …

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  • 8steel — steellike, adj. /steel/, n. 1. any of various modified forms of iron, artificially produced, having a carbon content less than that of pig iron and more than that of wrought iron, and having qualities of hardness, elasticity, and strength varying …

    Universalium

  • 9Depreciation — Not to be confused with Deprecation. Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of assets to periods in which the assets are used… …

    Wikipedia

  • 10Recycling — For other uses, see Recycling (disambiguation). 3R Concepts Waste Disposal Hierarchy Reduce Reuse Recycle Barter Dematerialization Dow …

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