Author Archives: Jonathan Rooks

We need to think about the cost of warehousing both as part of the Fixed Costs (either Factory or possibly Sales & Distribution if it is for finished items) and when considering stock holding costs. Always interesting to see real … Continue reading →

We consider the additional stage of dealing with Abandonment Costs at the end of a product Life Cycle. making sure that the company makes enough profit over the life time of a product to be able to cover the costs … Continue reading →

There were suggestions that paper based books were in the decline phase as purchasers switched to e-books. It now looks like those predictions may have been premature. https://www.theguardian.com/books/2017/mar/17/paperback-books-sales-outperform-digital-titles-amazon-ebooks

Trends can not only affect overall demand for a product, but demand for the source of a particular product. Over recent years we have seen a  change in the amount of organic vegetables bought as  a proportion of all vegetable … Continue reading →

With Labour costs being a major element of production costs, improvements in productivity per labour hour are very important. However, over recent years, productivity ahs been falling. Will developments in technology reverse this? http://www.standard.co.uk/business/hamish-mcrae-don-t-panic-techies-could-solve-productivity-crisis-a3505976.html

We’ve discussed how hard it is for human beings to ignore the money they have already spent “We can’t stop now after spending all this money!”, when in reality they should be looking at whether future expenditure brings sufficient benefits. … Continue reading →

https://inews.co.uk/essentials/news/health/tap-exam-success-glass-water/

We are used to the idea of indices showing an upward trend, but in calculating we need to be also able to deal with the situation when costs/values fall. An example would be house prices currently. http://www.independent.co.uk/news/business/news/uk-house-price-growth-lowest-level-four-years-data-halifax-economy-a7723686.html

Comprehensive discussion of Target Costing.