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Who invented the fireside chat, a radio address to voters explaining the reasoning behind his governing decisions?
Bottleneck Operation
Process step that limits the overall output of an operation or system due to its lower capacity.
Avoidable Fixed Production Cost
Costs that can be eliminated if a particular product or segment is discontinued, without affecting other operations.
Split-off Point
The stage in a process manufacturing at which various products become separately identifiable and can be handled as distinct items.
Joint Process
A production process in which two or more products are generated simultaneously from the same raw materials or input.
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