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Mistake Proofing (Poke-Yoke)devices focus on preventing the causes of defects.
Projected Selling Price
The anticipated price at which a product is expected to be sold in the future, considering factors such as cost, market demand, and competition.
Unnecessary Costs
Expenses that do not add value to the product or service and could be eliminated without affecting the quality or output.
Variable Factory Overhead
This includes costs of factory operations that vary directly with the volume of output, such as utilities and supplies used in production.
Fixed Factory Overhead
Regular, consistent costs associated with operating a manufacturing facility that do not fluctuate with production volume.
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