Examlex
A cafeteria line would be an example of a process layout.
Controllable Margin
The portion of income that can be directly influenced by management decisions, excluding fixed costs and uncontrollable expenses.
Operating Assets
Assets used by a business in its daily operations to generate revenue, excluding investment and non-operational assets.
ROI
Return on Investment, a performance measure used to evaluate the efficiency of an investment or compare the efficiency of different investments.
Contribution Margin
The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.
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