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In civil engineering, concrete leveling is a procedure that attempts to correct an uneven concrete surface by altering the foundation that the surface sits upon. It is a cheaper alternative to having replacement concrete poured and is commonly performed at small businesses and private homes as well as at factories, warehouses, airports and on roads, highways and other infrastructure.
Target costing is defined as "a disciplined process for determining and achieving a full-stream cost at which a proposed product with specified functionality, performance, and quality must be produced in order to generate the desired profitability at the product’s anticipated selling price over a specified period of time in the future."
A hold-down may also refer to clamping device used to anchor a pipe to a structural steel element or concrete floor or allow movement of the pipe in an axial direction. [1] At the bottom, the hold down is connected to the concrete foundation or structural slab by an embedded or epoxied anchor bolt. At the top, the hold down is connected to a ...
The Japanese candlestick chart and OHLC charts show exactly the same data, i.e., the opening, high, low, and closing prices during a particular time frame. [1] Day traders, who by default have to watch the price movements on a chart, prefer to use the Japanese candlesticks, because they show the "live action" price movements by expanding and ...
Once leveling by product is achieved then there is one more leveling phase, that of "Just in Sequence" where leveling occurs at the lowest level of product production. The use of production leveling as well as broader lean production techniques helped Toyota massively reduce vehicle production times as well as inventory levels during the 1980s.
The price of a product or service is defined as cost plus profit, whereas cost can be broken down further into direct cost and indirect cost. [1] As a business has virtually no influence on indirect cost, a cost reduction oriented cost breakdown analysis focuses rather on factors contributing to direct cost.
Self-leveling concrete was invented in 1952 by Axel Karlsson from Sweden. The first product was a combination of wood glue, fine sand and cement with additives. [1] It was called flytspackel, which directly translates to "floating putty". The term self-leveling can be traced back to a patent applied by the company Lafarge in 1997. [2]
In 1863, English economist William Stanley Jevons proposed taking the geometric average of the price relative of period t and base period 0. [5] When used as an elementary aggregate, the Jevons index is considered a constant elasticity of substitution index since it allows for product substitution between time periods.
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