BTMC definition

BTMC means the cost of goods sold incurred by the Company in that financial year in respect of the BGS, and BTMC shall, in turn, be determined by applying the following formula: BTMC = Material Cost + Depreciation + Fixed Overheads + Semi-Fixed Overheads + Variable Overheads +/(–) Inventory Change where:
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Examples of BTMC in a sentence

  • The Alcatel 1000 S12 exchange (over 50 million lines in service by the end of the century) is a direct descendent of this, developed from the System 12 at BTMC.

  • They also made some phones to original BTMC and Western Electric patterns under license, and successfully made the transition to bakelite.

  • This was strange, as the Rotary system was now back in production at BTMC and the first post-war exchange was installed in the same year, either in Canada or at Masterton in New Zealand.

  • Traditionally BTMC and its local competitor, ATEA, were suppliers of equipment to the Belgian telephone operating company called RTT.

  • It was redesigned to handle telephone switching and control in a joint project between various Standard Electric companies, BTMC, and the Netherlands PTT.

  • In 1967 the BTMC- designed Metaconta 10C Stored Program Controlled exchanges entered the market, allowing STD operations to be introduced to many countries.

  • With the outbreak of World ▇▇▇ ▇, ▇▇▇▇▇▇▇ was again overrun and exports from BTMC and France were closed off.

  • It sold as both public switching systems and as PABXs. Export orders for Pentaconta systems in India (1964) and Romania (1965) brought for BTMC a new type of contract.

  • By 1983 BTMC and Fabbrica Apparecchiature per Comunicazioni Elettriche Standard S.p.A., a sister company in Italy, were developing an Integrated Services Digital Network (ISDN) system.

  • When he eventually reached BTMC in Antwerp he found most of the employees had left to join the Belgian Army.