Examlex
Once information is perceived, it is first stored in the short-term store, then the long-term store, then the sensory store.
Preventive Maintenance
Preventive maintenance involves regularly scheduled inspections, service, and repairs of equipment and facilities to prevent unexpected breakdowns and extend their useful life.
Value-Added
The enhancement added to a product or service by a company before offering it to customers, representing the difference between the cost of inputs and the value of outputs.
Lean Principles
A management philosophy focused on minimizing waste within manufacturing systems while simultaneously maximizing productivity.
Service Businesses
Companies that provide intangible products or services, such as consulting, repair, or maintenance.
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