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If Life-Cycle Costs Exceed the Target Cost of a Product,managers

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If life-cycle costs exceed the target cost of a product,managers will strive to reduce


Definitions:

Diode

A two-terminal, solid-state, semiconductor device that allows current flow in one direction only. Acts like a sort of electrical one-way check valve.

Graphical User Interface (GUI)

The menu-driven display screen used in Windows-driven software.

PCs

Personal Computers; electronic devices used for processing data, performing tasks, and accessing the internet, capable of running a wide range of applications.

Trucking Industry

The sector of the economy focused on the transportation of goods and materials by large vehicles over road networks.

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