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-Generation of 1898
Managerial Decisions
The choices made by the management of a company regarding the direction, operation, and strategy of the organization to achieve its objectives.
Product Costing
The process of determining the total costs involved in producing a product, including materials, labor, and overhead.
Product Constraints
Limitations or restrictions on the production process, such as capacity issues or material shortages, potentially impacting output and efficiency.
Product Line
A group of related products offered by a company that serve a similar need or are marketed under a single brand.
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