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Indirect-Costs

Definition:

A Resource (money, time, Work-Hours) needed to produce an input to a System.

Alternative Names

Concept Number: *250
English Master: Indirect Costs
Synonyms, Variations & Acronyms: none

Detailing

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Illustrations

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Type

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Examples

Example:
Work-Hours are needed to produce high Quality Engineering drawings, which are themselves an input to a manufacturing and purchasing Process. The Cost of producing the Engineering drawings to the required Levels of Quality is an indirect Cost of manufacturing at a given Level of Efficiency.


Notes

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Keyed-Icons

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History-of-Concept

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This Concept entered by Diane O'Brien.

Created by system. Last Modification: Thursday 11 of July, 2019 18:39:42 CEST by Admin (Kai).

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