Explain what is activity-based costing, Operation Management

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1. What is activity-based costing? 2. What are three of the five purposes of a performance measurement system? 3. What are three of the five benefits listed that the right information to the right people can provide? 4. What of three of the seven stages of an application of the Deming Cycle 5. What are the four steps in the basic approach to process design that some companies use? 6. Briefly describe breakthrough quality improvement.

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