Examlex
The entire judicial process that is designed to resolve (i.e. decide or settle) legal controversies is called
Unused Capacity
The portion of a company's production or operational potential that is not currently being utilized.
Predetermined Overhead Rate
A rate calculated before the period begins, used to allocate manufacturing overhead costs to products based on a particular activity base, such as machine-hours or labor-hours.
Automated Lathe
A CNC (Computer Numerical Control) machine tool used to shape metal, wood, or other materials by rotating it rapidly along its axis while pressing a fixed cutting or abrading tool against it.
Capacity
Capacity refers to the maximum amount of work that an organization is capable of completing in a given period.
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