Examlex
Benchmarking is another name for QFD (quality function deployment).
Predetermined Overhead Rate
A rate used to allocate overhead costs to products or job orders, based on estimated costs and activity levels.
Manufacturing Overhead
All manufacturing costs that are not directly attributable to a specific product, including indirect labor, maintenance, and utilities.
Machine-Hours
A measure of the total time machines are in operation during a given period, often used in cost accounting to allocate expenses based on machine usage.
Production Departments
Departments within a manufacturing company responsible for different stages of production processes.
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