Examlex
Decoding can be described as ____.
Idle Capacity
Unused production capacity in a business, where the facilities, equipment, or workforce are not being fully utilized.
Underutilized Labor
A situation where employees are not working at their full capacity or skill level, leading to inefficiency and increased labor costs.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision or choice.
Variable Conversion Cost
Costs that change with the level of production output, including elements like direct labor and utility expenses related to manufacturing.
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