Examlex
Hill Co.can further process Product O to produce Product P.Product O is currently selling for $65 per pound and costs $42 per pound to produce.Product P would sell for $82 per pound and would require an additional cost of $13 per pound to produce.The differential cost of producing Product P is $55 per pound.
IoT
Internet of Things, a network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, and connectivity, enabling these objects to connect and exchange data.
Dematerialization
The process of reducing the use of physical resources in the production and consumption of goods and services, often through digital means.
Downsides
The negative aspects or disadvantages of a decision, action, or situation.
Future Employer
A prospective company or individual that one may work for in the coming future.
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