Compare and contrast types of operating controls.
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Compare and contrast the following operations controls: maintenance control, cost control, budgetary control, and ratio analysis
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Solution Summary
This 283 word, cited solution, first explains the general concept and purpose of a control system. Then each of the types of controls are discussed in a short paragraph each.
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The general definition of a control system is a group of procedures, devices or commands designed to be certain that a system is doing what it was designed to do. Control systems can vary widely from overall company controls down to the smallest control over the manufacturing of a part. To understand the details of a control system function, we look to the purpose of the system being controlled.
Maintenance Control would be procedures and checks to determine that the equipment is properly ...
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