What is activity cost in SAP IS-R-DM - Demand Management?

SAP Term: activity cost

• Component: IS-R-DM

• Component Name: Demand Management

• Description: The cost of physically changing a stock keeping unit's price tag in a store.

Smart SAP Assistant

• Key Concepts: 
  Activity cost is a term used in SAP IS-R-DM Demand Management. It is the cost associated with a specific activity, such as the cost of labor, materials, or overhead. Activity costs are used to calculate the total cost of a project or process. 
  
  How to use it: 
  Activity costs can be used to determine the total cost of a project or process. This information can be used to make decisions about how to allocate resources and budget for future projects. Activity costs can also be used to compare different processes and identify areas where costs can be reduced. 
  
  Tips & Tricks: 
  When calculating activity costs, it is important to consider all relevant factors, such as labor, materials, and overhead. It is also important to consider any potential savings that could be achieved by using different methods or materials. 
  
  Related Information: 
  Activity costs are closely related to other terms such as overhead costs and total cost of ownership (TCO). It is important to understand how these terms are related in order to make informed decisions about resource allocation and budgeting.