Examlex
Big data refers to data that are of large volumes and are unstructured.
Units
A measure or quantity used as a standard of measurement for expressing amounts, especially in the context of production or inventory.
Materials Price Variance
The financial difference between the actual cost of materials and the expected (standard) cost, indicating cost management efficiency.
Direct Material
Materials that can be directly associated with the production of goods, directly entering into and being a significant component of the finished product.
Kilos
A metric unit of mass or weight equal to one thousand grams.
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