Examlex
Economic value added is calculated by taking after-tax operating profit minus the total annual cost of capital.
Processing Times
The amount of time required to complete a specific operation or task, including preparation, processing, and finishing times.
Dispatching Rule
A guideline or criterion used to determine the scheduling and order in which jobs should be processed in manufacturing or service operations.
Flow Time
The time taken for a unit to move through an entire system or process, from start to finish.
Work-In-Process
Items or materials that are in the stage of production but have not yet been completed.
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