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In a transshipment problem, shipments:
Contribution Margin
The amount remaining from sales revenue after all variable costs have been deducted, indicating how much revenue is contributing to covering fixed costs and generating profit.
Machine Set-ups
The arrangements and adjustments made to machinery to prepare it for a production run.
Skilled Labour
Workers who have specialized training or expertise in a particular field or job.
Sunk Cost
Any cost that has already been incurred and that cannot be changed by any decision made now or in the future.
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