Break Even Analysis is one of the most popular and effective tools of cost volume and profit analysis. By using this we can calculate production quantity/sales quantity and their values Continue Reading
Necessary IE Terms of Apparel Industry
Industrial Engineering – IE is one of the popular term used in the apparel industry, where this work for optimization of complex process within the industry. Optimization is applicable to Continue Reading
Costing of Knit Garments
Costing of Knit Garments: During the consumption, it is good practice to use the measurement of middle size for calculation or the size which have most of the quantity. For Continue Reading
Standard Minute Value: SMV in Garments, Calculation, Importance
The term Standard Minute Value – SMV is mostly used in the garments industry. It is a process of time study and measuring standard minutes and then calculate the SMV. Continue Reading