Yellow Iron, Black Smoke

Profit Centers, Capital and Responsibility Accounting


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Themes and questions Mike Vorster and I explore in this episode:
- Technology and the value of simplicity
- Should equipment be a profit center? 
-  How often should rates be recalibrated?
- Importance of competing profit centers
- Capital Modeling
- How can responsibility accounting impact your equipment fleet?
Story: Importance of measurement: learn to fly by instrument

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Yellow Iron, Black SmokeBy Michael Kelley

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