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Supervisors should attempt to eliminate the grapevine in order to reduce the number of distracting rumors in the workplace.
Materials Markup
The extra percentage added to the cost price of goods to cover overhead and profit when selling goods.
Labor Rate
The cost paid to labor per unit of time, often referred to as wage rate or hourly rate.
Production Capacity
The maximum output that a company can produce in a given period under normal conditions.
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