Examlex
The range of activity over which the relationship between cost and activity is valid
Current Performance
The immediate or recent results of an individual's or organization's activities or operations, measured against desired outcomes or benchmarks.
Statistical Quality Control
The measurement of work samples for compliance with quality standards.
Statistical Analysis
The collection, examination, interpretation, and presentation of data to identify patterns, trends, and relationships.
Continuous Improvement
A methodological approach aimed at achieving incremental enhancements in processes, products, or services over time, often associated with quality management systems.
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