production cost


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Noun 1. production cost - combined costs of raw material and labor incurred in producing goods
cost - the total spent for goods or services including money and time and labor
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
This, coupled with the persistent rise in production cost, created the paper industry's version of "the perfect storm."
Printer manufacturer Lexmark International has completed a survey and found that the majority of UK financial directors questioned did not know how much document production cost their company.
Moving production to Brazil would save on transportation expenses, which can account for between 15% and 18% of production cost.
As requested, we (1) identified the latest production cost estimate and assessed the planned offsets from cost reduction plans, (2) identified areas where additional cost growth is likely to occur, and (3) determined the extent that DOD has informed Congress about production costs.
Labor costs as a percentage of total production costs. Total labor cost + total production cost x 100 = % labor.
It will manufacture TV parts and assemble them in an integrated manner, which will enable the company to reduce the production cost by between 500 yen and 1,000 yen per LCD, it said.
The most recent production cost estimates completed by the Air Force and the Office of the Secretary of Defense were 40ドル.8 B by the Air Force and 48ドル.6 B by the Secretary of Defense.
Quarterly gold production was 172,784 ounces at a mining and production cost of 107ドル per ounce.
The aid will be provided in the context of Article 3 of Decision 3632/93/ECSC to the following production units: GBP18.318 million to the Longannet Mine of Mining (Scotland) Ltd; GBP3.807 million to Hatfield Colliery of Hatfield Coal Company Ltd; GBP1.168 million to Blenkinsopp Colliery of Blenkinsopp Collieries Ltd; GBP1.966 million to Betws Colliery of Betws Anthracite Ltd.These financial measures are intended to cover operating losses in 2001 and, more specifically, the difference between the production cost and the selling price of coal on the world market.
Also note that with the huge profit margins on patented pharmaceuticals in the industrialized world, patent holders have little incentive to reduce production cost, since it makes up so small a part of the price.
Thus TCA recognizes that while transaction cost economizing is important, such economizing does not proceed regardless of production cost ramifications.
Each production facility usually determines its average unit production cost, and the distribution manager is to determine the optimal facilities to markets assignment, given the provided production cost and the unit transportation cost between each facility and market points.

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