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Where components are physically located. Remember, process automation transmitters while temperature, pressure and flow are located throughout a statistical process control circle. They maybe at ground level, up near the roof, or even inside of a giant tank!
Yes we did generate income but less than he deemed we would always we included the overdraft fees as well as the extra labour needed. Could it have been worth this? Yes in retrospect because we grew in experience but financially it was marginal. Which definitely one of the many triggers for me personally learn about quality systems and he learned in order to not accept large contracts without thinking it through and running it past me first and now we could find out the full implications.
Profits any kind of commercial venture are about finding methods to deliver quality products at the very least cost. This would be a balancing respond. If you lean too far towards cutting costs, then quality suffers. If you do lean much towards quality then incredible and approaches are way too high and profits falter. six sigma cuts out all on the fat and defines were the balance should end up. When this process is established (not finished since it’s a continuos process) the maximum possible profits determined by internal work is acheived.
As sales were declining, automakers began scrambling within an effort to get profits anywhere they discover them! To know was planet contribution price tag. And, it’s a quality ‘101’ lesson for any new webmaster.