Examlex
Explain the purposes of wheel balancing.
Control System
A framework or set of mechanisms used by organizations to guide, manage, and regulate behavior and performance towards desired outcomes.
Actual Performance
The real, observed output, results, or accomplishments of a process, individual, or organization, often compared against planned or expected performance.
Predetermined Level
A set benchmark or standard established in advance to guide production activities or cost estimations.
Cost Variance
The difference between the expected (budgeted) cost of an activity and its actual cost.
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