Examlex
ISO 9000 is a set of international standards for:
Selling Price
The amount of money for which a product or service is sold, determined by factors such as cost, market demand, and competition.
Raw Materials Inventory
The total cost of all components and materials stored and awaiting use in the production process, forming a significant part of a manufacturing company's current assets.
Production Needs
The requirements and resources necessary to complete the manufacturing process for goods or services.
Raw Materials Cost
The expense associated with obtaining the basic materials required for production before any processing or manufacturing is done.
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