Examlex
The fixed overhead budget variance is NOT controllable by managers because fixed costs are NOT controllable.
TPS
Transaction Processing System, a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise.
CRM
Customer Relationship Management, a technology for managing a company's interactions and relationships with current and potential customers.
MRP II
Manufacturing Resource Planning (MRP II) is an integrated method for effective planning of all resources of a manufacturing company, including production scheduling and inventory management.
MRP
Stands for Material Requirements Planning, a system for calculating materials and components needed to manufacture a product.
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