Examlex
In most cases, it is more cost effective for firms to hire contingent workers through a temp agency than to hire comparable permanent employees.
Productive Capacity
The maximum output a system can produce in a specific period under normal working conditions.
Milling Machine
A machine tool used to machine solid materials by removing material in the form of chips using a rotating cutting tool.
Direct Labor Hours
The amount of time workers spend directly manufacturing a product or providing a service, used to allocate labor costs in production.
Variable Selling
Costs related to selling that vary with sales activity, such as sales commission.
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