Examlex
If a lot,or batch,is "rejected" during acceptance sampling,the lot will usually be thrown away.
Third Worker
In the context of labor and production, refers to the addition of a third employee in a process, which can affect productivity differently depending on the scenario.
Marginal Product
Additional output gained by employing one more unit of production.
Second Worker
The term "second worker" can refer to an additional employee hired to perform tasks, often implying the expansion of workforce due to increased workload.
Law of Diminishing Marginal Returns
A principle stating that adding an additional factor of production results in smaller increases in output after a certain point, holding other inputs constant.
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