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Every day when John leaves for work, he walks around the car to check the tires, pats the hood, then gets in the car and starts the ignition. This constitutes a ritual.
Special Order
A one-time customer order often involving a large quantity and possibly requiring adjustments to standard pricing or production processes.
Variable Manufacturing Cost
Costs that vary in direct proportion to changes in production volume, such as raw materials and direct labor.
Variable Selling Cost
Variable selling costs fluctuate with sales volume; they include expenses such as commission and shipping that increase with higher sales.
Constrained Resource
A limited resource within a system that significantly affects the throughput or output of the system.
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