Examlex
________ is the operations management planning function that searches for quality material resources, finds the best suppliers, and negotiates the best price.
Indirect Materials
Materials used in the production process that are not directly included in the final product.
Indirect Labor
Refers to wages paid to employees who are not directly involved in the production of goods but support those who are.
Cost Elements
Cost Elements are the various types of expenses incurred in the production of goods or services, including materials, labor, and overhead.
Manufacturing
The process of producing goods from raw materials through the use of machinery and labor.
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