Nine new captial equipment costing models have been developed for the VAX 11/780 version of ASPEN (Advanced System for Process ENgineering). The new equipment cost models and three existing ASPEN models which are revised, reflect equipment items .

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Companies such as these use job costing methods to accumulate the cost of each batch. The last two types of production in use process costing methods described in another chapter, so we give just a brief overview here. Repetitive manufacturing lends itself to the use of automated equipment that minimizes the amount of manual material handling.

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