Hi,
I calculate the margin per hour every week per product code for a manufacturing Company. I have now set a target margin per hour per product code.
If I want to show the Company whether they are doing well or poorly against the target - is it as simple as multiplying the target and actual margin per hour by the kgs produced per product code and comparing to see if it's a gain or a loss?
Any suggestions please?
Thanks!
I calculate the margin per hour every week per product code for a manufacturing Company. I have now set a target margin per hour per product code.
If I want to show the Company whether they are doing well or poorly against the target - is it as simple as multiplying the target and actual margin per hour by the kgs produced per product code and comparing to see if it's a gain or a loss?
Any suggestions please?
Thanks!