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Contribution Margin
The amount remaining from sales revenue after variable costs have been deducted, indicating how much contributes to covering fixed costs and generating profit.
Constrained Resources
Resources that limit the company's ability to produce goods or services, often resulting in bottlenecks in the production process.
Opportunity Cost
The benefit, profit, or value of something that must be given up to acquire or achieve something else.
Make or Buy Decision
The process of deciding whether to produce a good or service in-house or to purchase it from an external supplier.
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