Examlex
Which of the following is not a current trend in operations management?
Variable Cost
consists of costs that vary with the level of output, such as materials and labor costs, different from fixed costs.
NPV
Net Present Value; a financial metric used to assess the profitability of an investment by calculating the difference between the present value of cash inflows and outflows associated with the investment.
Default Chance
The probability that a borrower will fail to meet the obligations of a loan or debt.
Monthly Interest Rate
The percentage of a sum of money charged for its use per month, often used in reference to loans or credit balances.
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