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Figure 7-2 External or removable hard disks like the ones in Figure 7-2 transfer data at much faster rates than internal hard disks.
Budgeted Unit Sales
An estimate of the number of units a company expects to sell over a certain period, often used for planning and strategic purposes.
Inventory Policy
A set of guidelines a company follows to determine the optimum levels of inventory to hold.
Direct Materials
Raw materials that are directly attributable and integral to the manufacturing of a product.
Ceramic Tile
A durable, hard surface tile made from clay that has been fired at high temperatures, used for covering floors, walls, or other surfaces.
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