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Explain why some national emergencies produced new and long-lasting powers for the president while others did not.In the instances in which new powers were institutionalized,what was the long-term effect?
Production Planning
The process of organizing and controlling every aspect of production, including scheduling, material handling, and labor allocation, to ensure efficient and effective output.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold and treats fixed overhead expenses as period costs.
EBITDA
An acronym for Earnings Before Interest, Taxes, Depreciation, and Amortization, indicating a company's financial performance by measuring its profitability without considering financial, accounting, and tax effects.
Operating Income
The income generated from a company's primary business activities, before subtracting any interest and tax expenses.
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