Abstract
Activity refers to the key activity fundamental to and driving all other activities. It can be the billed production-hours or minutes, number of sales, meals (covers) served, tons per mile, skins tanned, and so forth.
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- 1.
A production-hour (or minute, etc.) only becomes an effective unit of activity if it is billable. In other words, a unit of activity makes no contribution to the bottom line unless it is billed.
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© 2013 Keith N. Cleland
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Cleland, K.N. (2013). Definition of Terms. In: IMPROVING PROFIT. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-6308-1_26
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DOI: https://doi.org/10.1007/978-1-4302-6308-1_26
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