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Explain Variable costs.
Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are: -
* Direct production labour cost
* Direct Materials cost
* Direct Expenses.
what do you understand by line balancing what happens if balance doesn''t exist
Sample Mean Chart - Control Charts for Variables This figure depicts a typical means chart, on which sample means would be progressively plotted, left to right. Two sets of c
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