n. 1 an act or instance of equipping. 2 the items so provided. 3 a set of tools, devices, kit, etc., assembled for a specific purpose, such as a soldier's kit and weapons.
- What you mean by setup?
- What is the meaning of equipment tools?
- What is setup cost example?
- What is the meaning of setup cost?
What you mean by setup?
(Entry 1 of 2) 1a : carriage of the body especially : erect and soldierly bearing. b : constitution, makeup. 2a : the assembly and arrangement of the tools and apparatus required for the performance of an operation.
What is the meaning of equipment tools?
Tools and Equipment means implements required for participation in an employment plan that aid in accomplishing a task and the set of physical resources used to perform an operation or activity necessary in the practice of a vocation, profession, or small business enterprise, excluding the ongoing replacement or repair ...
What is setup cost example?
Setup cost is those costs incurred to configure a machine for a production run. ... Setup costs include the labor to position tools and materials next to the machine, the labor to configure the machine, and the scrap cost of test units run on the machine.
What is the meaning of setup cost?
The cost associated with setting up a piece of production equipment. This would include the cost of the setup mechanic, the cost of scheduling, record keeping, moving the starting material, and testing the first few units of output to be certain the equipment is set up properly.