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overhead cost

   Also found in: Wikipedia 0.02 sec.
overhead cost [′ō·vər‚hed ‚kȯst]
(industrial engineering)


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This is mostly due to a reduction in overhead cost.
Supplier management priorities for 2007 [% of respondents with "important" and very important" issues] "Important" issues or "very important" issues [% of all respondents] Overhead cost reduction 78% Low cost country sourcing 70% New product launch management 69% R & D efficiency 68% Relocation of production to low cost countries 58% Purchasing/Engineering reorganization 48% Source: Roland Berger and SuppllerBusiness.
Of this cost $27,544,160 is the overhead cost of keeping Granite's team of supervision, subcontractors, designers and sub- consultants on the payroll and housed an additional two years," Goodson wrote.
 
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