Examlex
What type of structured data includes sensor data, point-of-sale data, and web log data?
Volume Variance
A measure used in budgeting and accounting to analyze the difference between actual and budgeted sales volumes, affecting the total revenue.
Standard Hours
The predefined amount of time expected to complete a task or project under normal conditions.
Normal Capacity
The average level of operational output or activity that a company can sustain over a period, considering usual business conditions.
Standard Costs
Pre-established expenses expected in the production of goods or services, serving as benchmarks for financial planning.
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