Examlex
What is the basic business system that serves the operational level and assists in making structured decisions?
Idle Capacity
The portion of a company's resources or production capacity that is not being used for production or generating revenue.
Variable Production Cost
Costs that change in proportion to the level of production output, such as raw materials and direct labor.
Supervisory Costs
Expenses associated with overseeing and managing employees or a production process.
Grinding Minutes
Grinding minutes are a measure of the time spent in the process of grinding, which is a machining process used to improve surface finish or obtain precise dimensions by removing small amounts of material.
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