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)Online Transaction Processing (OLTP)systems Enable Us to Fill Out a Grid,or

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)Online transaction processing (OLTP)systems enable us to fill out a grid,or template,in order to construct a sample or description of the data we would like to see,typically using the drag-and-drop features of a graphical user interface to create a query quickly and easily.


Definitions:

Manufacturing Overhead Applied

The allocation of manufacturing overhead costs to individual units of product based on a predetermined rate or method.

Work in Process Inventory

Work in Process Inventory consists of materials and products that are in the process of being manufactured but are not yet complete.

Work in Process

The portion of inventory that is in the production process but has not yet been completed.

Finished Goods

Goods that are fully manufactured and available for sale to buyers.

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