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Information systems drive the development of information technology.
Production Function
An equation that describes the relationship between input factors (like labor and capital) and the output of goods or services.
Outboard Motor
A propulsion system for boats that includes an engine, gearbox, and propeller or jet drive, and is mounted externally at the stern (rear) of the vessel.
Machine Hours
A measure of the amount of time a machine is operated, often used for accounting, cost allocation, or operational planning.
Labor Hours
The total number of hours worked by all employees in a specific time period.
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