PVR Inox Customer Executive Interview Questions and Answers

Wastage refers to the unused resources or materials, while variance refers to the difference between planned and actual results.

• Wastage is the loss of resources due to inefficiency or spoilage, while variance is the difference between planned and actual results.

• Wastage can be physical (e.g. spoiled inventory) or non-physical (e.g. wasted time), while variance is usually financial in nature.

• Examples of wastage include u...read more