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Production Cost Report
A document that outlines the total cost and production quantities during a specific period of time in a manufacturing department.
Processing Department
A division within a manufacturing facility where raw materials are transformed into finished products through a series of processes.
JIT Processing
An inventory management approach emphasizing the minimization of inventory and the production of goods to meet demand precisely, avoiding excess production.
Quality Control
The procedures and processes used to ensure that a product or service meets a specified set of quality criteria or standards.
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