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The pecking-order theory of capital structure suggests the following order of financing:
Standard Production
The established amount of output that is expected under normal operating conditions within a given time period.
Incentive Plan
A reward system designed to motivate employees by offering bonuses, commissions, or other types of compensation based on performance.
Performance Rating
An evaluation of an individual's or machine's performance, often based on predefined standards.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of values.
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