Product Suite

Supply Chain Glossary - M

Supply Chain Glossary - M

managerial accounting

A branch of accounting that uses techniques such as break-even analysis, cost-volume-profit analysis, make-buy analysis, and others to provide information used in day-to-day decision making.

A unit of measure representing one person working for one hour. The combination of "n" people working for "h" hours produces nh man-hours. Frequent qualifications to the definition include (1) designation of work effort as normal effort; (2) designation of time spent as actual hours.


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