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The fluid nature of the membranes is attributed to a lateral movement of
Direct Materials
Raw materials that are directly incorporated into a finished product and can be easily traced to it.
Discretionary Fixed Costs
Discretionary fixed costs refer to fixed costs that can be altered in the short term by current managerial decisions, such as advertising or research and development expenses.
Management Decisions
These are choices made by the executives of a company affecting its direction and operation.
Planning Horizon
The future time period over which plans are made and resources are allocated.
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