Examlex
The percentage of idle time in an assembly line is called cycle time.
Physical Resources
Physical resources refer to tangible assets and materials used in the production of goods and services, such as machinery, buildings, and raw materials.
Human Resources
The department within an organization that deals with the recruitment, management, and guidance of its employees.
Long Run
A period in economics where all factors of production and costs are variable, allowing for all inputs to be adjusted.
Computer Technology
The study and use of computers, software, and systems for processing, storing, and sending information.
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