Examlex
Data becomes information when it is presented in a meaningful context.
Incremental Revenue
Additional income generated from selling more units of a product or from launching a new product or service.
Relevant Information
Information that is applicable and crucial to the decision-making process, having the ability to affect the outcome of a decision.
Opportunity Cost
The value of the best alternative foregone as a result of choosing a different option.
Idle Capacity
Unused or underutilized resources and capabilities within an operation that could be employed to generate output.
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