Examlex
Philippe Ariès is the historian who first argued that the modern concept of childhood was "discovered" in Western Europe in the seventeenth century.
Direct Labor Hours
Total working hours logged by employees who are intimately involved with the production operations.
Profitable Use
The utilization of resources or assets in a manner that generates a significant positive return or profit.
Insufficient Capacity
A situation where a company does not have enough resources, such as manpower or machinery, to meet current or future production demands.
Contribution Margin
The difference between sales revenue and variable costs, indicating the amount contributing to covering fixed costs and profit.
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