COST IMPLOSION Definition

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COST IMPLOSION is a cost rollup using the quantities and costs of low-level items through a where used chain to determine total cost of the finished item. See COST ROLLUP.

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LINE MANAGEMENT is the administration of the line functions of an organization; administration of activities contributing directly to the organizations output.

MEMORANDUM FOR RECORD (MR) is an in-house memo covering information that would otherwise not be recorded in writing.

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