Business Terms and Jargon Explained

What is Spoilage

This is raw materials or resources that are not used or are unproductive by wastage or is scrap. In the manufacturing process there is always an element of spoilage called normal spoilage. This is part of the cost of production.

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PERT chart Primary legislation Acquirer
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Stateful Inspection Charge Cards JIT
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Term created / updated 2009-07-02 11:11:25

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