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Factor by any method.
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Total Cost Comparisons
The process of comparing the overall costs of different alternatives or options in order to make a decision that minimizes costs while achieving desired outcomes.
Preventive Maintenance
A plan that involves routine inspections, servicing, and keeping facilities in good repair to prevent failure.
Efficiency Level
A measurement of how well an entity uses its resources to achieve goals, often defined by the ratio of useful output to total input.
Theory Of Constraints
is a management philosophy focusing on identifying and managing the most critical limiting factor (constraint) that stands in the way of achieving a goal.
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