Examlex
Ordinary household soap is an example of a cosmetic subject to Food and Drug Administration regulation.
Bottleneck Items
Items or processes that limit or delay the flow of production or service delivery due to their limited capacity.
High Risk
Situations or ventures involving a significant possibility of loss, failure, or negative outcomes, often accompanied by the potential for high rewards.
Value Engineering
A systematic method to improve the "value" of goods or products and services by using an examination of function.
Value Analysis
A systematic assessment to reduce costs while maintaining or improving performance and quality in products or processes.
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