Examlex
Pareto charts are used to identify and prioritize problems to be solved.
Mechanized Work
Work processes that are performed using machinery and equipment to enhance efficiency and productivity.
Plantwide Overhead Rate
A single overhead rate calculated by dividing total factory overhead by the total base units used by all products, applied throughout the entire manufacturing plant.
Overhead Allocation Base
A measure or factor used to distribute overhead costs to products or services, such as machine hours or labor costs.
Machine Hours
A metric used in manufacturing to allocate costs based on the number of hours a machine is operated.
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