Examlex
In a client/server design, the data file is transferred from the server to the client - only the request and the result are not transmitted across the network.
Lean Management System
A systematic approach for eliminating waste within a manufacturing system without sacrificing productivity.
Material Price Variance
The difference between the actual cost of materials purchased and the expected (or standard) cost, reflecting how effectively a company controls its material costs.
Executive Managers
Senior-level employees responsible for the strategic planning and direction of a company's operations.
Operating Income
A measure of a company's profit that excludes non-operating expenses such as interest and taxes, focusing on the profit generated from core business operations.
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