If you are running your own manufacturing business, how much should you reinvest as a percentage of revenue? If you can depreciate a new CNC machine for 7 years, how long after should you keep it before you replace it? How long before a machine becomes technically obsolete? How much can you spend to rebuild a machine before you invest more than it is worth?
"If you have the right people, with good, basic values and good work ethic, you can have a tremendous journey."
"The follow-up in my Food for Thought series, with more focus on my experiences with Six Sigma and Kaizen."Powered by WordPress