We already know that following are the important cost concepts related to the production process of a firm: • Fixed Cost • Varibale Cost • Average Cost • Marginal Cost please refer to following page Introduction to Cost Concepts to understand various cost concepts in detail. Here we will briefly state again the meaning of above stated cost concepts for better understanding of the module on short run cost analysis. Fixed Cost is that cost which does not change (that is either goes up or
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Cost Management and Analysis (22753) Energy Efficiency Initiative Executive summary Introduction This report is an evaluation and recommendation for CSR about an investment in new forklifts in order to replace the100 old diesel forklifts (3.5 tonnes‚TCM) mainly used indoors at the group’s plants and distributions sites. There are three alternatives which best meets CSR’s needs; the gas‚ the electrical and the bio-diesel. The three alternatives in the capital expenditure proposal fall under
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thing made from another‚ leading to two organisms with the same set of genes. In that sense‚ identical twins are clones‚ because they have identical DNA. Sometimes‚ plants are self-pollinated‚ producing seeds and eventually more plants with the same genetic code. Some forests are made entirely of trees originating from one single plant; the original tree spread its roots‚ which later sprouted new trees. When earthworms are cut in half‚ they regenerate the missing parts of their bodies‚ leading to
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PROPERTY‚ PLANT AND EQUIPMENT I. Major Characteristics a. Tangible assets (with physical substance) b. Used in business – production or supply of goods or services‚ for rental purposes‚ and for administrative purposes c. Expected to be used for a period of more than one year Examples Property not subject to depreciation – e.g.‚ land Property subject to depreciation – e.g.‚ building‚ machinery‚ equipment‚ furniture‚ fixtures‚ leasehold improvements II. Initial Recognition a. Should comply with
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our life more easier‚ internet banking system allow us to manage our bank accounts‚ paying bills without queuing‚ online shops allow us to make purchase without going out‚ online education‚ publication and article postings allow us learn more than what we get from text book‚ and a lot more. As Internet plays more important role in our daily life comparing to its initiation‚ some keen groups are ringing our bell‚ hackers‚ and theft of data‚ crackers. These people are all associated with a term ¡§security¡¨
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Management Total Quality Management ------------------------------------------------- Term Report Company: Opal Laboratories (pvt) Limited Submitted to: Mr. Moinuddin Khan Submitted by: Mohammad Tobeh (11931) Muffaddal Moosajee (7743) Muhammad Tariq Qazi (7193) Date of Submission: 20th December‚ 2012 Contact Information Mr. Tariq Ikram Mr. Arif Ikram CEO‚ Opal Laboratories COO‚ Opal Laboratories Head Office & Plant: LC-41‚ L.I.T.E Head Office & Plant: LC-41‚ L
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1. A software routine‚ which also acts as a filter that blocks certain type of incoming and outgoing traffic‚ while enabling other types is called a Firewall 2. The ________ tool provides a central access point for all of the network controls and connections on a computer running Windows 7. Network and Sharing Center 3. A device that connects one network to another is called a Router 4. The most common method for illustrating the operations of a network stack is the ________ ‚ which consists
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What qualities should an ideal statesman possess? The world is full of aspiring political leaders‚ but very few of them meet the requirements of an ideal statesperson. Many politicians seem to lack some of the most important qualities‚ such as integrity and accountability. And no wonder that for many people the word “politician” or “statesman” has negative connotations. However‚ we can still try to build an image of an ideal statesman. First of all‚ it’s necessary to notice that a person who
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chemical properties of the elements.Let us take an example‚ Theatomic number of carbon is 6 Its configuration is =2‚4 It means valency of carbon is 4. In chemistry‚ valence‚ also known as valency or valence number‚ is the number of valence bonds[1] a given atom has formed‚ or can form‚ with one or more other atoms. For most elements the number of bonds can vary. The IUPAC definition limits valence to the maximum number of univalent atoms that may combine with the atom‚ that is the maximum number
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our thirsts and refresh our body. People prepare them in any occasion‚ it is also a drink in their snacks sometimes or in short‚ soda is a part of the eating habits‚ on a purpose that it may be a thirst quencher and a pusher through blocked foods‚ or what so called a reliever from a person who is experiencing choking. Nowadays‚ soda come in so many different kinds‚ and everyone has his own favorite‚ soda must not be addicted‚ and it must be controlled‚ because too much soda drinking can lead to diabetes
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