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ABC
Activity-Based Costing (ABC) is a method of assigning indirect costs to products and services based on the activities they require.
Batch Size
The quantity of units produced in a single production run or batch, affecting efficiency and cost.
Complexity
The state or quality of being intricate or complicated, often referring to processes, systems, or issues with many interrelated parts or aspects.
Value-added Activities
Activities that increase the value of goods or services to the consumer, thereby making them more valuable in the eyes of customers.
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