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What Is the Use of Internal and External Information in Organizations

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What is the use of internal and external information in organizations?


Definitions:

Industrial Fiber

Industrial fiber refers to synthetic or natural fibrous materials used in manufacturing for their durability and performance attributes.

Grinding Machine Time

The duration a grinding machine is actually operating to remove material from a workpiece, considered a cost driver in manufacturing processes.

Existing Grinding Capacity

The current maximum volume or quantity of material that can be ground or processed in a facility within a given timeframe.

Variable Cost

Expenses that change in proportion to the volume of goods or services produced.

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