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normal spoilage |
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Definition of normal spoilagenormal spoilagespoilage that has been planned or foreseen; is a product cost
Related Terms:net cost of normal spoilagethe cost of spoiled work less the estimated disposal value of that work Spoilage, abnormalspoilage arising from the production process that exceeds the normal Spoilage, normalThe amount of spoilage that naturally arises as part of a production method of neglecta method of treating spoiled units in the Product costThe total of all costs assigned to a product, typically including direct CARs (cumulative abnormal returns)a measure used in academic finance articles to measure the excess returns an investor would have received over a particular time period if he or she were invested in a particular stock. Abnormal returnsPart of the return that is not due to systematic influences (market wide influences). In Cumulative abnormal return (CAR)Sum of the differences between the expected return on a stock and the Lognormal distributionA distribution where the logarithm of the variable follows a normal distribution. Normal annuity formThe manner in which retirement benefits are paid out. Normal backwardation theoryHolds that the futures price will be bid down to a level below the expected Normal deviateRelated: standardized value Normal probability distributionA probability distribution for a continuous random variable that is forms a Normal portfolioA customized benchmark that includes all the securities from which a manager normally Normal random variableA random variable that has a normal probability distribution. Normalizing methodThe practice of making a charge in the income account equivalent to the tax savings Standardized normal distributionA normal distribution with a mean of 0 and a standard deviation of 1. normal capacitythe long-run (5–10 years) average production normal cost systema valuation method that uses actual normal lossan expected decline in units during the production process Normal (bell-shaped) distributionIn statistics, a theoretical frequency
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