Paying attention to manufacturing costs is a necessity, no matter the size of your business, but for smaller enterprises that have lower cash reserves, carefully monitoring the production expenses is ...

Everyone in trucking talks about cost per mile. And yes, it matters. But if that’s the only metric you’re tracking, you’re missing a major part of the profitability picture. Because time—not just ...

If your business relies on project management, a client has probably asked you to estimate the man-hours needed to complete a task. A man-hour – or a "person-hour" for a gender-neutral representation ...

It’s advantageous to know how many working hours in a year. Equipped with this knowledge, you can clarify how much you’re actually making per hour if you tend to work several hours, as well as how ...

Most of us will agree that the hourly cost of a machine is strongly influenced by how much we use it and how long we keep it. Use it little or keep it for a short time, and cost per hour will be high ...