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Describe the ABAB research design and give an example.
Nonproductive Processing Time
Time during which no productive activity occurs, often due to maintenance, setup, or equipment downtime.
Bottleneck Operation
Process step that limits the overall output of an operation or system due to its lower capacity.
Avoidable Fixed Production Cost
Costs that can be eliminated if a particular product or segment is discontinued, without affecting other operations.
Split-off Point
The stage in a process manufacturing at which various products become separately identifiable and can be handled as distinct items.
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