Q&A: What Does “__%recovery” Mean in the Field of Purchasing or Procurement?
Question by theowlery_hedwig: What does “__%recovery” mean in the field of purchasing or procurement?
For example,product A uses 2 kg of raw material A and 3 kg of raw material B. If raw material A costs $ 5/kg with 80% recovery and raw material B costs $ 8/kg with 85% recovery,how much is the cost of raw materials used to produce 1 unit of product A? My question is,what does “recovery” here mean?Would it have an effect in the calculations?
Best answer:
Answer by x6x666x6x
Recovery means “raised”
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