Raw Materials | search
Click here to view Raw Materials news from 60+ newspapers.
Bookmark or Share- Economies of Scale Definition & Example - InvestingAnswersThe need for additional managerial expertise or personnel, higher raw materials costs, a reduction in competitive focus, and the need for additional facilities can actually increase a company's per-unit cost. When this happens, it is commonly referred to as diseconomies of scale.
- Fixed Costs | Example & Definition - InvestingAnswersExamples of common variable costs include raw materials, packaging, delivery, and labor directly involved in a company's manufacturing process. Total Cost vs. Fixed Cost vs. Variable Cost Total cost is both the fixed cost and variable costs combined.
- Commodity | Meaning & Example - InvestingAnswersThere are three main categories of commodities -- agriculture, energy, and metals. Commodities that fall under the agriculture category include foodstuffs like sugar, grains, livestock, and raw materials such as cotton. Energy commodities include natural gas and crude oil, whereas metals include mined materials such as gold and silver.
- Raw Materials Definition & Example - InvestingAnswersRaw materials determine the quality and cost of producing an item. Many raw materials are commodities that trade on the futures market. For many companies, acquiring raw materials at a good price makes the difference between having a profitable year and having an unprofitable year. Raw materials may be considered unfinished goods and thus ...
- Just In Time | JIT | Definition & Example - InvestingAnswersAs raw materials arrive, the factory produces goods that are in demand and can immediately move down the line to distributors, retail outlets, and (ultimately) the end consumer. JIT Logistics Management. In logistics, just in time inventory management focuses on reducing waste while choosing the most efficient methods for moving goods.
More
