Examlex
In an investment center, the manager has the responsibility and the authority to make decisions that affect not only costs and revenues, but also the plant assets invested in the center.
Fabrication
The process of constructing products by combining diverse materials through various manufacturing techniques.
Assembly Departments
Specific areas or segments in a manufacturing facility where components are assembled into final products.
Margin
The difference between the selling price of a product and its cost, expressed as a percentage of the selling price.
Turnover
The rate at which inventory or assets of a business are replaced during a given period, often used as a measure of sales or operational efficiency.
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