Examlex
At the time of its introduction, which of the following products was the best example of a continuous innovation?
Quality Management System
A framework of processes and procedures used to ensure that an organization can consistently meet customer and regulatory requirements for quality.
Cost-Benefit Analysis
A process used to evaluate the overall value of a project or decision by comparing its costs to its benefits.
Pareto Chart
A type of chart used in quality control and project management that combines both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line.
Cumulative Total
The sum of all values in a sequence, typically used in reference to numerical data or financial transactions.
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