Assembly to order (ATO) is a business strategy in which products are quickly produced from components after order confirmation.
Assemble-to-order is a combination of make-to-order and make-to-stock.
In a typical ATO approach, the costs of assembling a product from its components are negligible, but the costs of manufacturing the various components can be significant.
A PC manufacturer that receives orders and then assembles custom computers using components such as keyboards, monitors, and motherboards uses an assemble-to-order strategy.
Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control.
The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks.
When a company or government agency buys or leases existing manufacturing facilities to launch new manufacturing activities, this is called an investment in existing facilities.
The Code of Ethics sets out the ethical principles of the organization and the best practices to be followed with respect to honesty, integrity and professionalism.