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Order Processing
The activities involved in receiving, handling, and fulfilling customer orders, from initial receipt through delivery.
Idle Capacity
The portion of a company's resources or assets that is underused or not producing income, often leading to inefficiencies and increased costs.
Activity-Based Costing
An accounting method that assigns costs to products or services based on the activities they require, aiding in more accurate product costing.
Cost Per Unit
The total expense incurred to produce, store, and sell one unit of a product, calculated by dividing total costs by the number of units produced.
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