Examlex
Supplier certification procedures verify that a supplier:
Performance Goals
Specific objectives set for employees or departments, aimed at improving productivity and measuring success through quantifiable benchmarks.
Variable Cost Systems
An approach to costing that involves tracking and analyzing variable costs directly associated with production, often used for internal decision-making.
Standards
Established norms or criteria in various fields that define the expected or agreed levels of quality, achievement, or production.
Product Costs
The three components of manufacturing cost: direct materials, direct labor, and factory overhead costs.
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