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In a three-way factorial design, the three-way interaction can be interpreted to mean which of the following?
Machining Department
A section of a manufacturing facility where materials are machined into parts through processes such as cutting, shaping, or drilling.
Predetermined Overhead Rate
A rate used to allocate estimated overhead costs to individual units of output, based on activity levels.
Assembly Department
A segment in the manufacturing process where components are put together to form a final product.
Direct Labor-Hour
A measure of the work effort contributed by labor to produce goods, often used as a basis for assigning manufacturing overhead to products.
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