Examlex
The "house of quality" matrix is a technique that relates customer requirements to concrete operating or engineering goals.
Overhead Applied
The amount of overhead costs allocated to a particular cost object, such as a product, based on predetermined overhead rates.
Machining Department
A specific section within a manufacturing facility where machining operations are performed to produce parts.
Machine-Hours
A measure of the amount of time machines are used in the production process, often used as a basis for allocating overhead costs.
Overhead Applied
The portion of overhead costs allocated to a specific job or project based on a predetermined rate.
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