Examlex
The use of locally produced materials in the manufacturing of a product has been recognized as a sustainability attribute. How does LEED v4 rating system define local production?
Machine Hour
A measure of production time, specifically the number of hours a machine is operated in the manufacturing process.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced.
Total Expense
The sum of all costs and expenses incurred by a business during a specific period.
Expected Costs
Anticipated costs based on future events, often derived from historical data and forecasting.
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