WORLD HISTORY

HISTORY

IMPERIALISM ASIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is cheaper?
A
Raw Materials
B
FInished Product
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Lots of everyday things are made from sand Every year around 40-50 billion tonnes of sand and gravel is extracted, which is roughly half of the total weight of all materials extracted totally.

Detailed explanation-2: -Raw material expenses refer to the cost of the components that go into a final manufactured product. They are one of three expenses included in a manufacturer’s cost of goods sold (COGS). The other two are: labour expenses and amortization expenses.

Detailed explanation-3: -Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.

Detailed explanation-4: -Audit your facility. Review wages and staff hours. Use process scheduling for staff. Optimise employee efficiency. Use software tools to optimise processes. Negotiate with your suppliers. Only buy the materials you need. Find reliable suppliers. More items

There is 1 question to complete.