Question: Presented below are definitions of certain terms. Select the appropriate term from the dropdown list. Definitions Loss of material from inefficiencies and waste. Quantity of

Presented below are definitions of certain terms. Select the appropriate term from the dropdown list.
Definitions
Loss of material from inefficiencies and waste.
Quantity of input required if a production process is 100% efficient.
Preset cost for delivering a product or service under normal conditions.
Quantity of input required under normal conditions.

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