What does contingency allowance mean?
Definitions for contingency allowance
con·tin·gen·cy al·lowance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word contingency allowance.
Wikipedia
Contingency allowance
The contingency allowance is the time allocated during planning for unscheduled events. Technical and personal disruptions result in changes in the indirect production costs. The contingency allowance is calculated in special contingency time studies, the results of which yield rates for indirect production costs. The time is usually added to the pure operations time to form a standard time in manufacturing. The concept was developed by Charles Bedaux.
Numerology
Chaldean Numerology
The numerical value of contingency allowance in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of contingency allowance in Pythagorean Numerology is: 8
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"contingency allowance." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/contingency+allowance>.
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