Examlex
Small lot productions decrease flexibility because of the risk of insufficient stock on hand.
Practical Capacity
The maximum amount of work or output that can be realistically achieved in a specific period under normal operating conditions.
Cost Allocation
The process of assigning indirect costs to different departments, products, or projects based on relevant distribution bases.
Cost Pool
A grouping of individual costs, typically by department or service center, from which cost allocations are made.
Cost Objects
Any item for which costs are separately measured and tracked, including products, services, projects, or activities.
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