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Unit Cost Trends
The pattern or movement in the cost to produce one unit of a product over a specific period.
Continuous Improvement
An ongoing effort to enhance products, services, or processes by making small, incremental improvements over time.
Period Cost
Expenses that are not directly tied to the production of goods or services and are charged to the period in which they are incurred.
Factory Lunchroom
A designated area within a factory where workers can eat meals during breaks.
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