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Find an explicit rule for the nth term of the arithmetic sequence.
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Internal Failure Costs
Costs associated with defects found before the delivery of a product to the customer, including scrap, rework, and downtime.
External Failure Costs
Costs that occur when products fail to meet quality standards after being delivered to customers, including returns, repairs, and warranty claims.
Opportunity Costs
The financial impact of skipping the immediate next favorable choice in the process of making a decision.
Net Profit Margin
A financial ratio representing the percentage of revenue that remains as profit after all expenses have been deducted.
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