Material Variances model
The purpose of this model is to analyze the variances between the actual and standard costs incurred in manufacturing orders as well as manual stock issues. All amounts are expressed in the division's local currency while quantities are in the item's basic unit of measure.
This model provides insights into these topics:
- Materials, cost centers, and finished products with high cost variances
- Trend of the cost variances
The time dimension and analysis across the time dimension is predefined for easy analysis.