[This article was first published in Army Sustainment Professional Bulletin, which was then called Army Logistician, volume 3, number 2 (March–April 1971), pages 12–15, 42–43. The text, including any ...

Many people and organizations talk about “minimum life cycle cost per hour” or “minimum hourly cost of ownership.” Few know exactly what they are talking about, and few, if any, provide the tools ...

A budget is necessary to plan how much your business should spend on expenses and how much revenue it will have to cover those expenses. The budget needs to include all the likely expenses to ...