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In 1918, based on research by the Children's Bureau, Jeanette Rankin introduced the Sheppard-Towner Bill. The bill called for the federal government to:
Capacity
The maximum level of output that a company can sustain to make a product or provide a service.
Job-Order Costing
A cost accounting system that calculates the cost of individual jobs or orders, commonly used in custom manufacturing.
Automated Shaper
A machine that uses computer controls to cut and shape materials with precision, often used in manufacturing for consistent and efficient production.
Manufacturing Overhead
Costs associated with manufacturing a product that are not directly tied to the factory's operations.
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