(redirected from variance analysis)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Related to variance analysis: standard costing
References in periodicals archive ?
According to the variance analysis of specific shearing energy, differences between varieties and sections were found to be significant (P<0.
In the variance analysis (Table 1), a significant difference was verified among genotypes, among common checks and among genotypes versus common checks (test F at 5%), for all analyzed characteristics.
Variance analysis results show that there is no significant relation between different altitudes and various mulch additions on roots-shoot ratio of shallot.
In a restaurant setting, the expected or budgeted amount in the variance analysis model is a flexible value that depends on the actual activity level rather than a static projection of costs based on expected activity.
The variance analysis results from the S/N ratio obtained from average surface roughness values in the machining of MS58 brass material with tangential turn-milling method are given in Table 6.
In the GCC, the most frequently and frequently used tools are the traditional short term planning and control tools such as budgeting for both planning and control, flexible budget variance analysis and contribution margin analysis; traditional costing tools such as job costing and standard costing with variance analysis of direct material, direct labour and variable overhead were also ranked in these categories.
Variance analysis really helps us when we compare budgeted costs at a given level of sales with the actual amount spent at the same level.
It means that this model covers 64% of dependent factor changes market price per share and given the fact that sig in variance analysis table is under 5%, the hypothesis being linear of model is proved.
The variance analysis shows that there are significant differences between F1 and F2 generation, the prolific of queen of F2 generation being 3.
It is designed to improve the efficiency of the total manufacturing process through variance analysis, control of lead times, minimising inventory and work in progress, and it will be enhanced by extending the process control and visibility out to the shop floor using Seiki's shop floor system to distribute and collect manufacturing process data.
Swanson explain ways in which cash flow and variance analysis can address uncertainty by providing tactical insight into the organization's financial position.