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If we are not happy with our original design using a(n) ____, we only need to change some numerical parameters and rerun the model.
Equivalent Units
A concept in cost accounting used to allocate costs to partially completed goods, expressed in terms of fully completed units.
Equivalent Units
A concept used in cost accounting to denote the amount of completed units that could have been produced given the total amount of direct materials and labor consumed.
Materials Requisitions
Documents or requests used within a company to authorize the retrieval or usage of materials from inventory for production purposes.
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