As an Amazon Associate I earn from qualifying purchases.

Allowances Notes: Definitions & Explanations PDF | Download eBooks

Download Allowances Notes App (Play Store) Download Allowances Notes App (App Store)

Study Allowances lecture notes PDF with supply chain management definitions and explanation to study What are Allowances?. Study allowances explanation with SCM terms to review supply chain management course for online MBA programs.

Allowances Definition:

  • Term used in work study to indicate the extra time allowed for rest, relaxation and personal needs.

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston



Allowances Notes:

A remittance is a measure of cash given or distributed ordinarily at customary interims for a particular reason. With regards to youngsters, guardians may give a recompense (British English: pocket cash) to their tyke for their incidental individual spending. In the development business it might be a sum apportioned to a particular thing of work as a component of a general contract. The individual giving the stipend is normally attempting to control how or when cash is spent by the beneficiary with the goal that it meets the points of the individual giving the cash. For instance, a stipend by a parent may be propelled to show the tyke cash the executives and might be genuine or be attached to culmination of errands or accomplishment of explicit evaluations. The individual providing the stipend normally determines the reason and may set up controls to ensure that the cash is spent for that reason as it were.

Keep Learning with Supply Chain Management Notes

What is Poka-yoke?

This term refers to the mistake proofing and it is a Japanese term that helps in the process to avoid ...

What is Qualitative Forecasts?

Some organizations use qualitative method which is based on the expert judgment or opinion instead of statistical data. Firms rely ...

What are Less Important Factors?

An organizations store network impacts additionally need to factor in how the business they work in influence their production network. ...

What is European Quality Award (EQA)?

An honor established in 1992 by the European Foundation for Quality Management. It is given to organizations that can exhibit ...

What is Functional Layout?

The front office or gathering is a region where guests arrive and first experience a staff at a position of ...

What is Average observed time?

Watched time the time it takes an administrator to play out an undertaking when being watched for time study purposes. ...