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Consider the following partial analysis of variance table from a randomized block design with 10 blocks and 6 treatments.
Cash Flow
The aggregate money movement into and out of a company, notably impacting its cash on hand.
Excess Capacity
The availability of more production capacity within a business than is currently needed to meet demand.
Special Order
An order for a product or service that is outside the company's normal scope of work, often requiring a unique set of costs and pricing.
Relevant Cost
Costs that are directly related to a specific business decision, affecting the future cash flows.
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