Intangibility

The main advantage of this approach is that the designer can keep control of the basic decisions and interact with the design as it develops. By sta dng in control of the basic decisions, the intangibles of the design can be included in the decision making. 

Many companies provide support for both their research personnel and technical service personnel to participate in these types of activities. Even a pohcy of one conference per person per year, if appHed correctiy, provides a great deal of value to the individual and to the organization. The returns on this investment iaclude intangibles such as additional technical contacts and enhancement of the technical reputation of the company, as well as tangibles such as personnel possessing the latest information in their fields of endeavor, allowing them to better address customer concerns and needs, and developing ideas for process and product improvements. 

Copyright is a property right. Although it differs from most other forms of property in that it is intangible, it nevertheless has the essential elements of property and is governed by the principles of property ownership. 

Row 3 in Table 9-24 is the return on equity (ROE) of Eq. (9-130). In this case, the net worth is the tangible net worth representing the sum of the preferred and common stocks and the surplus and undistributed profits or retained earnings, less any intangible items such as goodwill, etc. 

Partly because of their low cost, aqueous solutions of sodium or potassium carbonate also are used for CO9 and H9S. Potassium bicarbonate has the higher solubility so the potassium salt is preferred. In view of the many competitive amine and carbonate plants that are in operation, fairly close figuring apparently is required to find an economic superiority, but other intangibles may be involved. 

In order to quantify the sometimes intangible elements of variability associated with the product design and the safety aspects in service requires an understanding of risk . The assessment of risk in terms of general engineering practice will be discussed next. This will lead to a better understanding of designing for quality and reliability, which is the main focus of the book. 

The shortest distance between A and B is not always a straight line. Keep in mind as you consider intangible factors that you must influence behavior in order to improve companywide safety performance. Achieving this may require a combination of skills and tactics, some of which may not be directly related to explicit PSM requirements. 

The proper location of a plant is as important to its success as the selection of a process. Not only must many tangible factors such as labor supply and raw material sources be carefully considered, but also a number of intangible factors, w hich are more difficult to evaluate. The selection of a plant site must be based on a very detailed study in which all factors are weighed as carefully as possible. Such a study often requires a substantial outlay of capital. 

There is a clear correlation between quality or cost of materials and the durability/life expectancy of buildings. Greater resistance of better materials to wear and tear can be assumed, with obvious implications on future maintenance. Striking the best balance between initial capital outlay and maintenance cost requires complex calculations that take into account such intangibles as future interest rates and taxation of building operations. 

The approach to the problem is to make the best analysis of the product requirements, including what at first appear to be intangible requirements, and then to determine what are the important elements in the design. Using these as the guide, several types of structural possibilities are examined with different materials to see if they meet the performance requirements of the application. The loads, the duration of the loads, the environment,... 

It is an intangible property such as the ownership of a design or literary property granted by law. 

The health economic evaluation model and the COl model are closely related. The consumption of agents of production causes direct costs. Indirect costs are a monetary expression for the loss of economic wealth, that is, the impact of a health intervention is the reduction of indirect costs. The increase of health is reflected by the reduction of intangible costs. 

The investigated species or physical parameter may be a convenient handle on an otherwise intangible concept such as luster, eolor, or tinge, ... 

Daum JH. Intangible Assets and value creation. John Wiley Sons 2002. 

Convert the product into a service so that more value comes from the intangible part of the product. 

Service. The basic idea of service extension is to capture more value in the intangible part of the product. This means that increasing revenue does not necessarily mean increasing the physical resources used, with their related costs and environmental impacts. This dematerialisation is a strong trend across industry, even within manufacturing. Solution... 

Type IV Costs Internal intangible costs Company or brand image Consumer loyalty Worker morale Worker relations Community relations... 

TypeV Costs External intangible costs Increase of housing costs Degradation of resources... 

Determining the value of potential benefits from risk reduction is relatively straightforward for tangible losses such as property damage, business interruption, and increased insurance costs. However, intangibles such as loss of reputation are difficult to estimate and must be considered on a case-by-case basis. In addition to increased staff costs associated with public relations, items such as possible employee attrition due to low morale and possible loss of market share must be considered. 

Amortization is basically the same as depreciation except that it applies to intangible property, such as franchises, designs, drawings, or research expenses. Generally straight-line depreciation methods must be used, and only certain items that are amortized can be deducted as expenditures for federal income tax purposes. The value of goodwill, trademarks, and trade names generally cannot be amortized. 

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