Tooltip Tags: business

maintenance record

Written notes that provide documentation about the upkeep of a certain piece of equipment; they help businesses ensure their equipment is kept in good condition

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manufacture

To process or make (a product) from a raw material, esp as a large-scale operation using machinery. (source: http://www.wordreference.com/definition/manufacture)

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marginal cost

In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit.(source:  wikipedia.org )  

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machinery

Machines, machine parts, or machine systems collectively. (source: http://www.wordreference.com/definition/machinery)

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loss

Unrecoverable and usually unanticipated and non-recurring removal of, or decrease in, an asset or resource. (source: http://www.businessdictionary.com/definition/loss.html#ixzz2XVW1Dh9d)

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logistics

The detailed organization and implementation of a complex operation as the commercial activity of transporting goods to customers. (source: http://oxforddictionaries.com/es/definicion/ingles/logistics)

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liquid asset

A type of asset that can be easily converted into cash with minimal impact to the price received. Liquid assets are generally regarded in the

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know how

The knowledge and skill required to do something correctly. (source: http://www.thefreedictionary.com/know-how)

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joint venture [JV]

New firm formed to achieve specific objectives of a partnership like temporary arrangement between two or more firms. JVs are advantageous as a risk reducing

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