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The Hawthorne effect
High-volume Product Lines
Product categories within a company that produce or sell in large quantities, typically generating significant portions of revenue.
Cost Distortion
An inaccurate allocation of costs to products, often resulting from traditional costing methods that can overstate or understate the true costs of goods.
Activity-based Costing Systems
A method in accounting that assigns costs to products or services based on the activities that go into producing them, aiming to provide more accurate costing.
Production Runs
The process of manufacturing a certain quantity of products at one time, often measured as a batch or lot.
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