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Automatic processing and effortful processing are two types of
Capital Costs
Expenses incurred to create or acquire fixed assets, such as buildings or machinery, that are used in producing goods or services.
Inventory Service Costs
Expenses associated with storing, handling, and managing inventory, including warehousing and insurance costs.
Independent Demand Items
Products or services for which demand is influenced by market conditions and customer preferences, not related to the production plans for other items.
Production Schedule
A detailed plan outlining the timing and sequence of production activities necessary to complete a manufacturing process.
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