Examlex
Both batch multiprogramming and time sharing use multiprogramming.
Factory Labor
The workforce engaged in the manufacture of goods, particularly those who are directly involved in producing products in a factory setting.
Standard Cost Accounting System
An accounting framework that uses cost units determined in advance for materials, labor, and overhead to value inventories and cost of goods sold.
Gross Profit
The excess of net sales over the cost of goods sold.
Balanced Scorecard Approach
A strategy performance management tool that views an organization from four perspectives: financial, customer, process, and learning and growth.
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