1. How would you define value? Explain. 2. What is the meaning and significance of the term “return.

1. How would
you define value? Explain.

Don't use plagiarized sources. Get Your Custom Essay on
1. How would you define value? Explain. 2. What is the meaning and significance of the term “return.
Just from $13/Page
Order Essay

2. What is
the meaning and significance of the term “return on investment”? Explain.

3. Explain
why the value of the scrap produced in a manufacturing process depends on the
type of material and processes involved.