Examlex
Inherent processes are those processes in the business blueprint that have been tried and tested over hundreds of organizations.
Average Product
The quantity of goods produced per unit of input, determined by dividing the overall output by the amount of input used.
Unit Of Input
A measurement of the amount of resources (labor, materials, etc.) used in the production of goods and services.
Average Product
The output per unit of input, calculated by dividing the total product by the quantity of input.
Marginal Product
Marginal product is the increase in output that results from adding one more unit of a specific input, holding all other inputs constant.
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