Examlex
The most relevant definition of quality for an operations manager is conformance to specifications.
Invested Capital
Funds provided by investors or lenders used by a company to acquire or upgrade physical assets like buildings and machinery.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of the investment.
Residual Income
The amount of income that exceeds the minimum rate of return expected on investments or capital.
Residual Income
The income that remains after all costs of capital used to generate revenues have been subtracted.
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