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  2. Flex temp - Wikipedia

    en.wikipedia.org/wiki/Flex_temp

    The particular take-off distance required may be shorter than the available runway length. In this case a lower thrust may be used. Lower thrust settings increase engine life and reduce maintenance costs. The take-off thrust available from a civil engine is a constant value up to a particular ambient temperature.

  3. Inventory valuation - Wikipedia

    en.wikipedia.org/wiki/Inventory_valuation

    Two very popular methods are 1)- retail inventory method, and 2)- gross profit (or gross margin) method. The retail inventory method uses a cost to retail price ratio. The physical inventory is valued at retail, and it is multiplied by the cost ratio (or percentage) to determine the estimated cost of the ending inventory.

  4. Net realizable value - Wikipedia

    en.wikipedia.org/wiki/Net_realizable_value

    Net realizable value is generally equal to the selling price of the inventory goods less the selling costs (completion and disposal). Therefore, it is expected sales price less selling costs (e.g. repair and disposal costs). NRV prevents overstating or understating of an assets value. [1] NRV is the price cap when using the Lower of Cost or ...

  5. Lower of cost or market - Wikipedia

    en.wikipedia.org/wiki/Lower_of_Cost_or_Market

    [2] [3] In the lower of cost or market approach, companies must determine these three values and find the median of the values. The companies then compare the median value, which is called the designated market value, to the inventory cost that is recorded. The lower of these two values is subsequently reported on the balance sheet. [2]

  6. Economic batch quantity - Wikipedia

    en.wikipedia.org/wiki/Economic_batch_quantity

    [1] [2] The goal of calculating EBQ is that the product is produced in the required quantity and required quality at the lowest cost. [3] [4] [5] The EOQ model was developed by Ford W. Harris in 1913, but R. H. Wilson, a consultant who applied it extensively, and K. Andler are given credit for their in-depth analysis. Aggterleky described the ...

  7. Jet engine performance - Wikipedia

    en.wikipedia.org/wiki/Jet_engine_performance

    The required take-off thrust was 14,500 lb which would normally be set by advancing the thrust levers to give an EPR reading of 2.04. Due to EPR probe icing the value set, i.e. 2.04, was erroneous and actually equivalent to 1.70 which gave an actual thrust of only 10,750 lb.

  8. Economic production quantity - Wikipedia

    en.wikipedia.org/wiki/Economic_production_quantity

    Production runs to replenish inventory are made at regular intervals; During a production run, the production of items is continuous and at a constant rate; Production set-up/ordering cost is fixed (independent of quantity produced) The lead time is fixed; The purchase price of the item is constant, i.e. no discount is available

  9. Inventory - Wikipedia

    en.wikipedia.org/wiki/Inventory

    The second formula then creates the new start point for the next period and gives a figure to be subtracted from the sales price to determine some form of sales-margin figure. Manufacturing management is more interested in inventory turnover ratio or average days to sell inventory since it tells them something about relative inventory levels.