Examlex
What quality control tool resembles a "fishbone?"
Profit Per Unit
The amount of profit generated by selling one unit of a product or service.
Profit Maximizing
The process or strategy employed by businesses to increase their profits to the highest possible level given their resources and constraints.
Total Revenue
The income generated by a company from the sale of its goods or services before any costs or expenses are subtracted.
Total Cost
The complete cost of production which includes both fixed and variable costs.
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