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Definition of normal spoilage
spoilage that has been planned or foreseen; is a product cost
the cost of spoiled work less the estimated disposal value of that work
spoilage arising from the production process that exceeds the normal
The amount of spoilage that naturally arises as part of a production
a method of treating spoiled units in the
The total of all costs assigned to a product, typically including direct
Part of the return that is not due to systematic influences (market wide influences). In
a measure used in academic finance articles to measure the excess returns an investor would have received over a particular time period if he or she were invested in a particular stock.
Sum of the differences between the expected return on a stock and the
A distribution where the logarithm of the variable follows a normal distribution.
The manner in which retirement benefits are paid out.
Holds that the futures price will be bid down to a level below the expected
In statistics, a theoretical frequency
the long-run (5–10 years) average production
a valuation method that uses actual
Related: standardized value
an expected decline in units during the production process
A customized benchmark that includes all the securities from which a manager normally
Normal probability distribution
A probability distribution for a continuous random variable that is forms a
Normal random variable
A random variable that has a normal probability distribution.
The practice of making a charge in the income account equivalent to the tax savings
Standardized normal distribution
A normal distribution with a mean of 0 and a standard deviation of 1.
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