Examlex
The Swenson Corporation has a standard costing system.The following data are available for June: The actual price per pound of direct materials purchased in June is:
Feedforward
A communication process that involves providing future-focused feedback or information to preempt or guide actions.
Feedback Control System
A system that regulates its own operation by monitoring its output and making necessary adjustments to maintain a desired state or performance.
Work Outputs
The tangible results or products generated from the work process, which can be measured in terms of quantity, quality, or efficiency.
Feedforward Control
A management technique that involves monitoring inputs and providing proactive guidance to ensure desired outputs are achieved.
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