Examlex
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Inventory
The total amount of goods and materials held by a business to support production, future sales, or servicing.
Downtime
The period during which an equipment, system, or service is not operational or functional, often resulting in productivity or revenue loss.
Product Failure Rate
The frequency at which a product fails within a specified period, often used as an indicator of product reliability.
Full Cost View
An accounting approach that considers all direct and indirect costs involved in producing a product or service.
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