Examlex
Describe why and when an intercoder or interrater reliability is used.
Variable Cost
Costs that vary directly with the level of production or sales volume, such as materials and labor.
Theory of Constraints
A management approach that focuses on identifying and managing the most limiting factor (constraint) that stands in the way of achieving a goal.
Goldratt and Cox
Eliyahu M. Goldratt and Jeff Cox, co-authors of "The Goal," a book introducing the Theory of Constraints, a methodology for improving organizational performance.
Net Present Value
The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of investments.
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