Pleasure And Pain: Study Shows Brain's 'Pleasure Chemical' Is Involved In Response To Pain Too Date: October 19, 2006 Source: University of Michigan Health System Summary:
Strategic material is any sort of raw material that is important to an individual or organizations strategic plan and to supply chain management. Lack of supply of strategic materials may leave an organization or government vulnerable to disruption of the manufacturing of products which require those materials. It can also refer to a group or department that manages these materials.
Material Variance. Definition: Material variance has two definitions, one relating to direct materials and the other to the size of a variance. They are: 1  Related to materials. 2  This is the difference between the actual cost incurred for direct materials and the expected (or standard) cost of those materials.