Abstract
Effectiveness in the context of materials has, up to this stage, been reviewed chiefly from the material supply function. It is now necessary to consider effectiveness in the use of materials, both of direct and indirect materials. Measuring effectiveness is basically similar to the methods outlined in Chapter 9, namely that of defining a level of performance expected, monitoring the actual performance achieved and analysing the variations in order to demonstrate responsibility and take appropriate action to correct the situation and to eliminate the causes.
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© 1980 Frank Osborn
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Osborn, F. (1980). Standard Costing Related to Materials. In: Costing and Control for Materials. Palgrave, London. https://doi.org/10.1007/978-1-349-16342-7_8
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DOI: https://doi.org/10.1007/978-1-349-16342-7_8
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-25745-6
Online ISBN: 978-1-349-16342-7
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