Examlex
Keeping blades and cutters clean and sharp will reduce the tool's demand for power, extending the life of the motor.
Milling Machine
A machine tool used to machine solid materials by rotating a cutting tool to remove material.
Constrained Resource
A limiting factor in production or project management that restricts output, such as limited materials, labor, or machine capacity.
Profitability
Refers to a company's ability to generate earnings over its costs and expenses within a specified time frame.
Absorption Costing
A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed overhead—in the cost of a product.
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