Examlex
What are the problems faced by BI Analysts on BI projects?
Quantity Variance
The difference between the expected and actual quantities used or produced in a process.
Total Cost Variance
The difference between the actual cost and the standard cost of an operation, process, or product.
Direct Materials Price
The cost of raw materials and components required to produce a finished product.
Quantity Variances
The difference between the expected and actual amount of materials or resources used in a production process, often in reference to budgeting and cost control.
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