Examlex
A _____ has had its quality systems extensively audited by the buying firm and are capable of consistently meeting or exceeding the buyer's quality needs.
Manufacturing Process
The series of operations involved in the production of goods, encompassing everything from raw materials to finished product stages.
Finished Products
Refers to goods that have completed the manufacturing process but have not yet been sold or distributed to the end customer.
Factory Overhead Cost
The indirect costs associated with manufacturing, including expenses such as electricity, maintenance, and salaries of supervisors.
Direct Material
Raw materials directly used in the production of goods, which are easily traceable to the finished product.
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