Examlex
What is the Process Capability Index, how is it calculated, and is it used in Six Sigma or Lean?
Marginal Cost
The increase in cost that arises from producing one additional unit of a good or service.
Marginal Revenue
The additional income generated from selling one more unit of a good or service.
Marginal Cost
The cost of producing one additional unit of a product or service.
Output
The total amount of goods and services produced by an economic system, company, or sector within a certain period.
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