Examlex
The first step in developing an activity-based costing system is to identify the activities that will be used to allocate the manufacturing overhead costs.
Repetitive Focus Facilities
Production facilities designed for the efficient manufacture of a high volume of similar products.
Continuous Model
An analytical or simulation model that operates over a continuum of time or space, without discrete breaks or steps.
Mass Customization
A production approach where goods and services are customized to meet individual customer's needs with near mass production efficiency.
iTunes
A media player, media library, and mobile device management application developed by Apple Inc., used for purchasing, organizing, and playing digital music and videos.
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