HOW WE REDUCE THE PRODUCTION COST ?

Question added by chetan jaiswal , Placement Manager and senior Trainer , Icici Foundation For Inclusive Growth
Date Posted: 2014/07/09

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What are major points to consider to reduce production cost in this gloomy time?
Top Answer: 1. Production under-performance 2. Integrated Well Testing 3. Reservoir to Market 4. Localisation & ... See More

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How can production cost be reduced?
Top Answer: Begin With a Complete Assessment Prioritize Return on Investment (ROI) Seek Improvement from Within Recon ... See More

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The process whereby firms reduce their production costs by taking advantage of international differences in the prices of inputs
Top Answer: The correct answer was: b. new international economies of scale.. new international economies of scale. ... See More

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What are product costs ?
Top Answer: C. expensed when products become part of finished goods inventory. ... See More

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