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Find the critical point(s) of the function.Then use the second derivative test to classify the nature of each point, if possible.Finally, determine the relative extrema of the function.
Machine Hours
A metric for the total time machines or equipment have been operational, used to allocate manufacturing overhead costs.
Step-down Method
A method used in cost accounting to allocate overhead costs to specific products or services in a hierarchical manner.
Training Department
A division within an organization focusing on the development of employees' skills and knowledge through various training programs.
Machining Department
A division within a manufacturing facility where machining processes such as cutting, shaping, and finishing of materials are carried out.
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