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A Network Is a Communications System Created by Linking Two

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A network is a communications system created by linking two or more devices and establishing a standard methodology in which they can communicate.


Definitions:

Casting Department

A department within a manufacturing entity responsible for the process of pouring liquid material into a mold to create a solid shape.

Overhead Rate

The ratio used to allocate indirect costs to produced goods, calculated by dividing total overheads by an allocation base.

Plantwide Predetermined

A single overhead rate calculated for an entire plant or facility, used to allocate overhead costs to all products equally.

Direct Labor-Hour

A measure of the amount of time spent by workers directly involved in the manufacturing process to produce a single unit.

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