Higher machine hour rates for more complex parts, or more difficult to machine materials or features, lower machine hour rates for less complex parts, and parts from more machinable materials.
12.
Their products are not commodities, these companies are price takers for what it is that they sell, which is the 3T s -the Time of their machines ( machine hour rate ), at their deployed Technology level, and based on the Talent of their work force.
13.
Research showed that while organic farming typically uses more machine hours than conventional farming, total energy consumption was still a great deal higher conventional systems because, aside from machine use on the actual farm, energy is used in the production of pesticides and other inorganic farming products.
14.
Nicholson most important contributions to cost accounting consisted of " emphasizing " cost centres " and the " measuring of profits for individual departments " based on machine hour rates . " Also he helped establishing the National Association of Cost Accountants ( NACA ) in 1920, which resulted into the Institute of Management Accountants.
