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How can a system be changed to improve the service rate?
Incurred
Refers to costs or expenses that have been realized or experienced by a business or individual.
Total Manufacturing Costs
The aggregate of all costs involved in the production of finished goods, including direct materials, direct labor, and factory overhead.
Raw Materials
The basic materials from which products are made, typically unprocessed or minimally processed before use in manufacturing.
Cost of Goods Manufactured
The total production cost of goods completed during a specific period, including labor, material, and overhead costs.
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