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Product Dropping
The process of discontinuing a product from a company's offerings, often due to poor sales, shifting market demands or strategic realignments.
Traceable Fixed Costs
Fixed costs that can be directly linked to a specific product, service, or segment of a business.
Joint Products
Multiple products that are produced from the same process or material inputs, where separation of the products occurs at a split-off point.
Common Input
Resources used in the production process that are shared among different products or services.
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