Examlex
During replication,the two strands of DNA separate and each serves as a template for a new strand. Thus,the original DNA molecule forms two DNA molecules,each of which contains one strand from the parent DNA and one new strand.
Fixed Expenses
Regular and unchanged expenses incurred by a business irrespective of its level of output or sales volume, such as lease payments, insurance, and salaries of permanent employees.
Theory of Constraints
A management paradigm that focuses on identifying and addressing the single bottleneck or constraint that severely limits a system's performance or output.
Bottlenecks
Refer to points of congestion in a production system that significantly slow down the overall process.
Variable Cost Concept
A concept used in applying the cost-plus approach to product pricing in which only the variable costs are included in the cost amount to which the markup is added.
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